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Charging Rent to Family

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Comments

  • Spirit_2
    Spirit_2 Posts: 5,546 Forumite
    1,000 Posts Combo Breaker
    Your own suggestion about "stepping up to the plate" is exactly right, and I agree with the other posters that the discussion should be with your brother.


    What ever you agree as a fair rate, it is up to him to source - including the possibility of him asking your parents for it.


    The discussion you might want to have with your parents is about making a small start on paying them back - that takes away any possibility of them thinking you 'owe them' a duty to disregard your brothers living expenses.


    The point about being funded through his Masters by your parents is nobody's business but his and your mum and dad. You are wise to stay out of it.

    Good luck
  • Idiophreak
    Idiophreak Posts: 12,024 Forumite
    10,000 Posts Combo Breaker
    thorsoak wrote: »
    Tell him that you'll appreciate his contribution to the household pot - split c/t into thirds - he paying one third, ...You don't want to be making a profit out of him

    If you divide your existing bills by three, especially council tax, which is fixed (and which students aren't required to pay, by the way), making a profit is exactly what you're going to do...
  • Ilona
    Ilona Posts: 2,449 Forumite
    I agree with what has been said, your arrangements should be with your brother, not with your parents. He needs to start living in the real world and learn to pay his way.

    You can earn £4,250 per year for renting a room, before you start paying tax, according to the HM Revenue and Customs web site. That works out at £81.73 a week. You need to come to some arrangement about food, will this be extra on top of rent. I suggest you get a rent book to cover yourself, and get your house rules down in writing. Sounds harsh but it sets clear boundaries and everyone knows where they stand.

    My brother parked himself on to me once, penniless and no job, for several weeks. He wouldn't work and wouldn't claim anything, I couldn't afford to keep him. My sister marched him down to the benefits office to get him sorted out with a rented flat.
    Ilona
    I love skip diving.
    :D
  • ShAnE
    ShAnE Posts: 275 Forumite
    100 Posts
    Just my two cents.
    My brother has a tiny single room at my parents house, he is 20 and pays £200 a month.
    I moved away to study at uni. Most of my student loan went on paying my rent, is he eligible for any loans?
    . Definitely sit down and discuss this with him/your parents.

    I don't know where your based, but he'd be hard pushed to find anywhere for under £250 a month all in. If he is so determined to study for his Masters without working, why can't he live in the bank of mum and dad, and study at a university closer to home?

    Financial constraints always have to be considered when considering studying for any degree. In this day and age people can't be afforded free passes because they are the baby of the family.
    Current Debt: 0%.
    Current House Deposit: 7%.
  • thorsoak
    thorsoak Posts: 7,166 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Idiophreak wrote: »
    If you divide your existing bills by three, especially council tax, which is fixed (and which students aren't required to pay, by the way), making a profit is exactly what you're going to do...

    Whoops!! My mistake - I'd forgotten that fact - many apologies :o
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