Money Moral Dilemma: Should I increase my housemates' rent?

JayD

I am guessing there is a valid reason s tom why it is you who have taken responsibility. Hopefully it is because you wanted to do it and everyone else felt you were the best person for the job. It would be worrying if it was because you (or they) felt they were either insufficiently responsible with money, or were uncreditworthy.
Either way, I can see no reason why they should pay you more to undertake this task. Is it such a time consuming, laborious thing to do?

meknowalot-51

You should tell your landlord that after seeking legal advice into all of this you've changed your mind.I do hope you haven't signed anything.Why did you even think of excepting?....you thought you could make some money on the side.For that to happen your housemates have to agree with an increase,then they hopefully pay on time into your account.You then pass the months rent to the landlord and keep the difference and they all lived happily ever after.
Why do you think he's asked you to do his job?Any shortfall will have to be made up by you,otherwise what's the point.This is a massive financial risk,it only takes one lodger to hit a bad patch and your in it up to your neck.If you want this sort of risk then i suggest you buy a house and rent it out yourself.If he want's someone else to take the risk you could suggest he goes to a letting agency.

adfegg

If it were me I would not charge them more, but I think I would take on responsibility on the understanding that my housemates would pay their share in advance.

happyinflorida

Why on earth have you taken responsibility for all the rent?! You are mad to do this. You should never have agreed to do this. If anyone doesn't pay you are the one who will have to pay. If they continue to do this - what will you do?

Never ever agree to anything like this.

gaving7095

No, charging more wouldn't be fair in my opinion.

kinger101

sclare wrote: »

Lots of people here clearly don't know much about flat sharing.

It's pretty much the norm for one person to be the one responsible to the landlord for rental payment. Few landlords want the hassle of dealing with three or four people separately.

You're confused if you can't see why it's beneficial for a landlord to have a contract with joint and several liability. Landlords mostly deal with agents anyway.

gemnomnom

Jabberwk wrote: »

Do you just mean that the standing order is from your account to the landlord? This is the case with my flat share because the LA insists on it being one lump sum rather than three payments. The other tenants have standing orders set up to go to my account a few days before the rent is due so if anything goes wrong there's time to sort it out before the money leaves my account so I won't get stuck with overdraft charges or anything. We are all named tenants and all equally legally responsible for the rent..

This.

OP, to eliminate the risk, could you ask your landlord to accept separate standing orders from each of you?

Augustus_the_Strong

Don't you think it might have been better to agree this first before you took on the responsibility? Your house-mates are more likely to default if you try and p them off in this way.