Charging rent for 21 year old

Fireflyaway

I never paid rent and left home at 24. I know many people do charge their kids but unless they are really taking the mick - staying rent free till 40 and having no intention to move out - I personally would not charge. They are family and I don't get why you would. If elderly parents move in do we take a slice of their pension?! I think it would be better to encourage him to start saving for a deposit whilst he has no bills . £900 could soon add up.

ska_lover

Fireflyaway wrote: »

I never paid rent and left home at 24. I know many people do charge their kids but unless they are really taking the mick - staying rent free till 40 and having no intention to move out - I personally would not charge. They are family and I don't get why you would. If elderly parents move in do we take a slice of their pension?! I think it would be better to encourage him to start saving for a deposit whilst he has no bills . £900 could soon add up.

Having not had to pay any bills until you were 24 means you were extremely privileged - not every family is financially able, to offer another adult a free ride even if they want to. A lot of people simply would have no choice. I do not understand why you 'don't get' this

Proxima_Centauri

onomatopoeia99 wrote: »

Given you responded to a two year old post, I imagine he's sorted it out by now.

Yes, by now the OP's son would be 31 years old. I think the situation was also compounded by the girlfriend living there, and him subsidising her.

It is harder for this generation, housing costs vs salary are much higher then when I was young, fuelled by the rise of the wannabe Rachmann BTL landlords that have proliferated post Gordon Brown's raid on private pensions.

Absolutely. Private rental is inaccessible to low earners in my area, though it may be different elsewhere. And supply of social housing is extremely scarce compared to demand (26000 on the waiting list, but only 30 properties per fortnight becoming available) meaning that a lot of young adults have little choice but to live with their parents.

cazs

Fireflyaway wrote: »

I never paid rent and left home at 24. I know many people do charge their kids but unless they are really taking the mick - staying rent free till 40 and having no intention to move out - I personally would not charge. They are family and I don't get why you would. If elderly parents move in do we take a slice of their pension?! I think it would be better to encourage him to start saving for a deposit whilst he has no bills . £900 could soon add up.

I agree, I gave the occasional cheque here and there but no monthly charge. I never could have afforded to buy a property (in London) at a decent age had I been handing over chunks of my (then low) income. As it was I worked hard over several years (weeks on end without days off often) and managed to save up a good amount for a sizeable deposit. Renting is money down the drain and I think most, if not all, people want to buy as soon as they can and the less of your income you're able to put by each year the longer it takes to build up a sufficient deposit, all the while prices increasing.

silvercar

ska_lover wrote: »

Having not had to pay any bills until you were 24 means you were extremely privileged - not every family is financially able, to offer another adult a free ride even if they want to. A lot of people simply would have no choice. I do not understand why you 'don't get' this

There is a difference between charging the extra it costs to have another adult living in the home and charging more than it is costing you to provide a home to your child.

Lily-Rose_3

Our daughter has left home now, but if she DID live at home, then we would probably have about £150 a month off her.

Don't really agree with letting adult children live for free. I think it sets a bad example to be honest.

smsfad

I have requested my 2 children 22 & 25 years old pay £100 per month each for rent and one has refused saying that her 15,000 income is not enough to afford this much in rent, She has all her food bought and also for her girlfriend at weekends, all the laundry and she bathes every night and puts the heating on every day. Am I being unreasonable?
Thank you

KxMx

smsfad wrote: »

I have requested my 2 children 22 & 25 years old pay £100 per month each for rent and one has refused saying that her 15,000 income is not enough to afford this much in rent, She has all her food bought and also for her girlfriend at weekends, all the laundry and she bathes every night and puts the heating on every day. Am I being unreasonable?
Thank you

No, she is being unreasonable.

Either she doesn't want to pay/feels she shouldn't have to, so has used that as an excuse, or she is poor at money management and doesn't realise how affordable £25 a week is not just from her income but for what she would get for it.

Perhaps some digging to find out which one it is?

I'd point her in the direction of Gumtree so she can see how much more per week an average room is locally, and suggest she brings you her budget so you can find some easy ways of saving the £25 per week.

I would never normally advocate such interference into another adults finances; but she is being very unreasonable.

Comms69

I would charge the going rate for a local houseshare.


I would keep the extra costs of having another adult in the house.


The remainder I would put away as a deposit / safety fund / whatever. to be accessed down the line by the child.


They learn budgeting and value of money, and are then rewarded for it.

seashore22

Could you start a thread of your own about this.

You run the risk of posters answering a very old thread and not getting the advice you need.