Real-life MMD: Should my now debt-free brother move out?

cazpost

It is very difficult to answer this question, as we don't know all the facts.
Did he live there rent free? How much financial support did the parents give him? How old is he anyway ? Did he leave home, then move back in because of debts? How much help have you given either to your brother or to your parents?
Essentially, he won't be able to save up a deposit that quickly,unless he is getting a high salary,so he won't be going anywhere for a while.Your Mum may well have found another job by then, and I would also hope that if he is working he is helping out to some extent with the bills.If not, he won't have learnt his lesson and will soon find himself back in debt once he does have to start paying bills.
This is really none of your business unless you have been asked to help out with the family finances. Perhaps you could have a chat with your brother ,in general terms about his plans and also chat with your parents to make sure they are getting any benefits etc they might be entitled to. You probably don't know all your parents financial detais, they may have more money or savings than you know about, and unless they choose to involve you in it , it really isn't your business

Pee

He may need to move out fairly quickly as his living there may affect benefits they are entitled to, such as council tax benefit.

The three of them, with you if they would like your assistance, need to look at all the alternatives and find something that suits them all.

Your brother is not responsible for this change in circumstances and can't be expected to put his life on hold to help with it. Having said that no doubt he is grateful for their assistance and will want to help them out whether or not he is living in the house, as I am sure that you will.

scoobydoobydoo

Given the price of houses, and the fact that you say he is looking to "start saving" then he isnt going to be moving out any time soon is he?

Or if you mean deposit to rent then that is still a sizable chunk of money especially with letting agents demanding hundreds in fees before you even sign a tenancy agreement. So again, its not going to be within the next couple of weeks.

Perhaps you could discuss the situation with him in general, and see what you both come up with but you shouldnt put the onus on him to sort this out.

fatal1955

I wonder why you're the one posting the question, rather than him, as it's not really your dilemma. Whether he stays with his parents or moves out; whether he supports them in one way or another (or not at all): how are these any business of yours, let alone ours?

It would be different if he'd posted the question but as it is, it looks like you're trying to use us to manipulate him, which is not what this forum is for.:(

pollypenny

I feel that your brother should be ready to help his parents, just has he has been helped.

OP is perfectly fine in asking for our thoughts on this dilemma. No need to put her in her place, at all .

pennypinchUK

Did your brother make a contribution for rent, etc.? Does the post-redundancy reduced income give your parents enough to still live on? Could your brother move out and still afford to help your parents? Could you help your parents if there's not enough income to pay the bills? Did your brother live harmoniously with everyone else in the house, or was there tension that's best dealt with by him moving out?

There's not enough information here to answer the question, but generally it would seem only fair if your brother found a way to help, seeing as others have helped him.

fatpiggy

Well its going to take him quite some time to save for a deposit so I would imagine he is going to stay on in the family home for a while yet. Assuming he is paying some rent and a contribution to the bills it sounds like a win-win situation for both parties.

iclayt

Yes he probably 'should' wait to move out, and start coughing up for bills, and help out as much as he can, etc. But that's between him and your parents to sort out - I'd stay right out of it, personally.

single_lonely

Call me old fashioned but your parents didn't just support you in the tough times, THEY SUPPORTED YOU FROM BIRTH!

Whether a son or daughter you both should, depending on where you both live. If he is in aposition to stay in his parents house and help financially he should (also its nice to have someone to talk to as being made redundant isn't pleasant).

Alittle off topic but ...
Not to question anyones choices etc but the countries demand for houses etc isn't going to diminish as everyone wants an ideal where they have there own house. I know someone in a 5 bed house with 7 people and 3 children living there (they could move at anytime as have healthy saving for a deposit)! Everyone has there reasons...

florere

Dolly_DD wrote: »

Presumably you've offered to help your parents out as well? To me the situation with your brother is a side issue. They are your parents too and if they are struggling you could help out too. I know I would. This is the type of situation where you have to do what you feel is right for you. And go with what you can live with.

This doesn't work she might have a family of her own and money troubles, I think it is up to the parents and the brother to sort this out between themselves, although with brother saving for a mortgage it doesn't sound as if the will be leaving soon.