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price for single room with bills included except food/telephone
want2bmortgage3
Posts: 1,966 Forumite
hi there
i have been renting a small room at a friends house (owned by his dad) for nearly a year. i've been paying £300 a month up til now, this includes bills and council tax, but i pay for my own food and telephone use.
however, now my friends dad wants to increase the rent to £450. this is a big increase and apparently is due to bills and council tax rising. i would like to add i am a careful person and rarely switch on the heating and only ever use the shower not the bath. i also do my bit in terms of washing up and jobs.
i realise this increase would mean he would have to declare tax on the income as it will bring it above the rent-a-room scheme limit of £4250.
i would be happy to stay if it weren't for this rise and wondered if anyone here thinks this price is steep or fair?
should i start looking elsewhere? or offer him a maximum rent i am prepared to pay, £350 perhaps?
thanks for any replies
i have been renting a small room at a friends house (owned by his dad) for nearly a year. i've been paying £300 a month up til now, this includes bills and council tax, but i pay for my own food and telephone use.
however, now my friends dad wants to increase the rent to £450. this is a big increase and apparently is due to bills and council tax rising. i would like to add i am a careful person and rarely switch on the heating and only ever use the shower not the bath. i also do my bit in terms of washing up and jobs.
i realise this increase would mean he would have to declare tax on the income as it will bring it above the rent-a-room scheme limit of £4250.
i would be happy to stay if it weren't for this rise and wondered if anyone here thinks this price is steep or fair?
should i start looking elsewhere? or offer him a maximum rent i am prepared to pay, £350 perhaps?
thanks for any replies
0
Comments
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I think a 50% increase is extortionate in and of itself but obviously I don't know what the market-rate is for a house-share in your area or what the utility bills might be. If there's a power shower these can use as much hot water as a bath, so you might not be as frugal as you think. However bills and Council Tax have not risen by over 50% in the last year
Do some research to find out what rents for a room in a similar property might be, then you'll know whether what they are asking for is fair.0 -
What's the going rate for a single room that includes bills in your local area? The market rate should be the main driver. If you were to move out to a house share in the local area, how much would you pay?
I can't speak for your household's energy consumption and local council pricing for council tax but my energy bills and CT have remained fairly static for a couple of years.0 -
no harm in offering the £350, you could also find out how much the bills are and offer to pay your share of them if that is afordable0
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