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How much would you charge?

24

Comments

  • Barny1979
    Barny1979 Posts: 7,921 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    He's been buying odd bits and pieces here and there, food, washing up liquid, milk
  • Cazza
    Cazza Posts: 1,165 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I'm moving in with a friend soon, I've been living with my parents for 4 months after OH and I split up.

    I will be paying my friend £300 per month rent, this includes all bills, but excludes food (we have agreed we will cook together etc and split this 50/50). She has broadband but no TV, so if I want that I will pay for the TV licence. There is a landline phone, but I get plenty of free minutes on my mobile so don't expect to use that much! For the area I live in (south coast), £300 is cheap, £350-375 excluding bills would be nearer the market rate. But, it is a one bedroom flat which she has effectively turned into a two bedroom bedsit, there's a good size kitchen, which will be the only "joint" living space. It's not ideal in terms of space, but she has previously rented the room to another friend so knows what she's letting herself in for. We've both recently taken paycuts, so she needs rent and I may have to kill my parents if I live with them much longer! (In the nicest possible way, I do love them to bits too!) Personally, I think £300 is reasonable for both of us, given the circumstances.
  • We rent our spare room out to a relative who pays £70 a week. That includes everything - council tax, bills, phone, use of our computer and BB, telly, all food, packed lunches and meals. I also do all his washing and cleaning and running around errands etc. tbh I don't think I make much 'profit' at all out of it when everything is considered. We initially looked for a lodger to help with the mortgage etc as we had a spare room and this relative asked if he could move in. It's only because he's family that all the extras are included.

    I'm getting a bit fed up of the whole thing now - he's been here for about 3 years now and hasn't had a rent increase in all that time and constantly moans about how much he pays and how he could move out. Never flipping does though!!! :rolleyes: I'd never throw him out though, he gets in the way and that but he needs somewhere to live and couldn't afford his own place (spendthrift as he is).
  • NAR
    NAR Posts: 4,863 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Barny1979 wrote: »
    I have a friend who is living with me as he has split from his wife, he currently is paying £200 per month to me. He pays mortgage payments etc to his wife currently for his house. Do you think I am undercharging? I have sky, setanta, phone and broadband.
    If you were a real friend you shouldn't even have posted this. You obviously agreed a figure with him so what is your issue?
  • Barny1979
    Barny1979 Posts: 7,921 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Well carrying on from this, my friend is still failing to pay the rent on time, even though he is now earning approx £3200 a month
  • Pssst
    Pssst Posts: 4,803 Forumite
    Part of the Furniture 1,000 Posts
    Friendships can very easily crumble when you get into arrangements such as this.

    To have someone living in your house you must

    (a) Get along well with the person
    (b) set some ground rules,in writing if necessary
    (c) Keep it businesslike but friendly. I.E state what the rent is,when it is to be paid and what it includes

    Put things in writing including notice to quit arrangements.

    That way,no one gets confused.
  • Pssst
    Pssst Posts: 4,803 Forumite
    Part of the Furniture 1,000 Posts
    Barny1979 wrote: »
    Well carrying on from this, my friend is still failing to pay the rent on time, even though he is now earning approx £3200 a month

    You need to be more assertive.

    You are obviously a little jaded with the arrangement.

    Give him formal notice to move out,give him a deadline and refer him to other websites such as spare room where he can get another place.
  • ailuro2
    ailuro2 Posts: 7,540 Forumite
    Part of the Furniture Combo Breaker
    I agree - have a chat with him, tell him it's jeopardising your friendship bringing money into it, and that you want your own space back....

    hand him a few schedules for flats to rent, don't wait for him to do it himself.
    Member of the first Mortgage Free in 3 challenge, no.19
    Balance 19th April '07 = minus £27,640
    Balance 1st November '09 = mortgage paid off with £1903 left over. Title deeds are now ours.
  • Barny1979
    Barny1979 Posts: 7,921 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I feel sometimes that it isn't even my own house, he leaves his washing up around and clothes in the washer
  • Francesanne
    Francesanne Posts: 2,081 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Think you're being very generous. Think I'd be asking for at least £85.00.
    To have a room in a flat share in London would be a LOT more expensive.
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