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Mum, 88, moving in, how much rent to charge?

xxdeebeexx
Posts: 1,964 Forumite


My sister and her husband want my 88yr old mum to move in with them.
My sister told us that, "of course I will have to charge her rent! "
although she hasn't decided how much yet.
I am horrified.
My sister has an income of £350,000 pa and lives in a house worth £500k plus.
I feel very disappointed with my sister and her family.
I have cared for mum (and dad) for the past 15yrs. Eventually giving up work to do so. I have missed a lot of earning opportunities and have managed to scrape by penny pinching and Ebay. (we do qualify for child tax credit so that has helped)
I think sister and husband see mum as another money making venture.
I'm feeling very, very unhappy .......
dx
My sister told us that, "of course I will have to charge her rent! "
although she hasn't decided how much yet.
I am horrified.
My sister has an income of £350,000 pa and lives in a house worth £500k plus.
I feel very disappointed with my sister and her family.
I have cared for mum (and dad) for the past 15yrs. Eventually giving up work to do so. I have missed a lot of earning opportunities and have managed to scrape by penny pinching and Ebay. (we do qualify for child tax credit so that has helped)
I think sister and husband see mum as another money making venture.
I'm feeling very, very unhappy .......
dx
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Comments
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So where does mum want to live? Does she have any say in this?All shall be well, and all shall be well, and all manner of things shall be well.
Pedant alert - it's could have, not could of.0 -
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Quite simply, that's disgusting....:mad: Why would your sister insist on your Mum moving in if your Mum has gave no inkling of wanting to move?0
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Maybe show your sister this thread and the replies to how disgusting it is to charge your own elderly mother rent, especially when earning so well!0
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I think to have that income and charge your mum rent is pretty appalling!
Ok, if *you* must! take a bit towards food etc.,, but not actual rent.
LinYou can tell a lot about a woman by her hands..........for instance, if they are placed around your throat, she's probably slightly upset.0 -
Very sad of her to treat her mother in such a way in her Twilight years.
Maybe your mum should bill her for all the years she raised her?
Well done you for doing the right moral thing.#JusticeForGrenfell0 -
On the face of it it doesn't sounds great, but...
Does she really earn 350,000?
The value of her house is meaningless - it's not cash she has available and it's possibly mortgaged top the hilt.
By rent does she mean cover costs of food and utilities?
The fact you have chosen to give up opportunities in your own life for 15 years, since your mother was a young 72, shouldn't mean anyone else has to of course.I try to take one day at a time, but sometimes several days attack me at once0 -
xxdeebeexx wrote: »... My sister has an income of £350,000 pa and lives in a house worth £500k plus. ...
Does your sister really earn £350K or is it a typo for £35K? If your sister earns £35K and your mum has a decent pension, I don't see a problem with your mum making a sensible contribution to the household.
I can't help thinking that the rent is a side issue, and you are more upset about other implications of your mum moving in with them.0 -
xxdeebeexx wrote: »My sister and her husband want my 88yr old mum to move in with them.
My sister told us that, "of course I will have to charge her rent! "
although she hasn't decided how much yet.
I am horrified.
My sister has an income of £350,000 pa and lives in a house worth £500k plus.
I feel very disappointed with my sister and her family.
I have cared for mum (and dad) for the past 15yrs. Eventually giving up work to do so. I have missed a lot of earning opportunities and have managed to scrape by penny pinching and Ebay. (we do qualify for child tax credit so that has helped)
I think sister and husband see mum as another money making venture.
I'm feeling very, very unhappy .......
dx
I can only say it seems disgusting.
Did your sister help out financially when you were looking after your parents given the sacrifices you've made for the benefit of both of you?0 -
Does your mum have a place to sell ? maybe the sister is after all that money too x0
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