What sort of rent do people charge 18-25 year old children

ciano125

As others have said really, I don't think 1/3rd of his take home wage is unreasonable. It's going to cost him a lot more when he moves out anyway. If you don't need the money, put it aside for him, but dont tell him otherwise he wont save anything himself!

Oldernotwiser

silvercar wrote: »

I think the reverse. It is exploiting of parents to charge more than the extra cost of housing their children. They may be adults by age but they wil always be children of their parents. Unless the parents are hard-up I don't think its right to profit out of your children.

But the extra cost of housing the "child", as the poster above has said, can be in the form of owning a larger home than is needed.

There'd be precious little profit to be made on £250 per month, even without taking housing costs into account.

togarama

Oldernotwiser wrote: »

Adult children should behave like adults and pay their own way.

What decent person wants to be kept by his/her parents as if still a small child?

I agree. I happily paid my parents £200pcm as soon as I was earning. In my husband's family they were all kept for free well into adulthood (one sister is now in her 40s and still living off mum and dad). As a possible consequence they're all totally financially irresponsible and incapable of sensible decisions around money.

funnyguy

OP here.Thanx for all the interesting comments thus far.I have just logged in to see if I got a couple of replies lol.Just to add besides the odd cup of tea and his room left for him to tidy,he basically is a lodger having all his washing,meals done for him,and the £250 is for everything provided.

poppysarah

funnyguy wrote: »

.He thinx that is far too high and none of his friends pay anything like that

How much does he earn?

I think you should take the 250 and put 50 in a savings account for him. Dont tell him until he leaves home.

He'd find a flat share more expensive and less convenient.

funnyguy

he earns about £900-£1000 NET per month

Oldernotwiser

funnyguy wrote: »

OP here.Thanx for all the interesting comments thus far.I have just logged in to see if I got a couple of replies lol.Just to add besides the odd cup of tea and his room left for him to tidy,he basically is a lodger having all his washing,meals done for him,and the £250 is for everything provided.

Insist on his paying the increase and stop him behaving like a lodger. At the very least, get him to do his own washing and ironing and cook the occasional family meal.

poppysarah

funnyguy wrote: »

he earns about £900-£1000 NET per month

So 250 leaves him which shed loads of spends.

postingalwaysposting

Im not a parent but an adult child still living at home. However my situation sems a bit strange to all those I have discussed it with in real life :rolleyes:

I (nearly 24) pay £120 monthly 'housekeeping' but this does not include food. However I then pay for my own broadband/tv/food. I also cover the house insurance and buy a 100wash washing powder box every 2/3 months. I am also the only one in the house who works part time so I tend to do 70% of the cleaning/chores etc. Btw my take home pay is just shy of £500 a month, if I was earning more I would think nothing of giving Mum £200~£250 a month, taking into consideration the amount of a studio flat here alone is £450 a month.

My brother (nearly 22) who live in the same house pays £175 monthly 'housekeeping' but this does cover all his food. However he has to pay for his own broadband and tv. He doesnt contribute anything else to the household. His take home pay is just over £1000 a month.

Its werid but it work for us

Jowo_2

funnyguy wrote: »

he earns about £900-£1000 NET per month

So if he and a friend moved into a local 2 bed flat as private tenants, assuming the monthly market rent is £900 pcm, may spend the following on basic bills alone.

This reverses his current situation where 75% of his income can be spent socially on beer, clothes and holidays and where only a minority goes on essentials. How is he going to survive on a social budget of just £57 per week when this also has to cover his clothing allowance, too?

450 rent
50 council tax
20 insurance
30 energy
30 telephone/broadband
20 water/tv licence
150 food