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How much in rent should I be taking off my sister

2

Comments

  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If it's too low, then she might start to get too comfy and not do the saving thing.... tie in her rent to a savings/proof mechanism. "It's £40/week while you are saving at least £150/week into an account that you show me..... otherwise it goes up to £150/week if you're not really saving and just taking the p155"
  • Mojisola
    Mojisola Posts: 35,574 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Nb Lodger income may impact some benefits eg HB.

    But a family member contributing to the household costs wouldn't count as income.
  • Kynthia
    Kynthia Posts: 5,692 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    As it's family the things I would consider are:
    1. How well off am I and could I really do with the money?
    2. How well off is my sister and how much can she afford?
    3. How much extra will it cost me to have her here as my 'profit' needs to be in excess of these expenses?


    So you say you could do with extra money as things are tight, so no-one would blame you for charging her something. £400 per week take home is not a small amount of money but is she running a house on this income, is money tight for her which is why she is traveling for work? If so then you don't want to take too much from her so that you are better off than her. Try to think about any other expenses you'll incur, although these might not be too much as it doesn't seem like your council tax will increase but will you lose any income?


    So as you can see there isn't one right answer when it comes to family, so see what you are all happy with and communicate about all expectations in advance to avoid conflict.
    Don't listen to me, I'm no expert!
  • I think a contribution from your sister is reasoble.

    to those people saying that you should charge more for your FAMILY then you have been raised wrong.

    I would never charge my siblings if they were in trouble because if you cant help family who can you help ... dispicable
  • I think a contribution from your sister is reasoble.

    to those people saying that you should charge more for your FAMILY then you have been raised wrong.

    I would never charge my siblings if they were in trouble because if you cant help family who can you help ... dispicable
    But there's nothing in OP's post to suggest that her sister is in trouble. And why shouldn't she charge more if she wants to? I think it's pretty generous of her to let her sister stay, and if £40 a week won't cover the expense of having her there and make it worth while sacrificing the space then she needs to charge accordingly.
  • TBagpuss
    TBagpuss Posts: 11,237 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It's really what feels right to you and your sister.

    i personally would start by looking at what it would cost for her to rent a room locally, and would probably charge between 50 and 75% of that, and then adjust if necessary to take account of any special circumstances.

    If however she is going to be sleeping on the sofa or sharing a room with your kids then a much lower amount would be reasonable.

    Suggest to her that you see how it works out for the first 2 weeks and then discuss whether it's working, and whether any of you feel that you need to make any changes to the arrangements.
    All posts are my personal opinion, not formal advice Always get proper, professional advice (particularly about anything legal!)
  • Mojisola
    Mojisola Posts: 35,574 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Personally, I would want to make sure I wasn't worse off financially by having her stay and would also like a little bit extra to compensate for the inconvenience of having someone else around.

    I'd also want a few rules in place and to make sure that my partner was in complete agreement about the whole thing.
  • rpc
    rpc Posts: 2,353 Forumite
    Jewelrose wrote: »
    I live in a two bed flat with my partner & two kids.
    So where will sister sleep? You aren't going to have much space and may start to feel cramped.
    She will be getting £400 a week untaxed.
    £20k per year really should have some tax paid on it...
  • moneyistooshorttomention
    moneyistooshorttomention Posts: 17,940 Forumite
    edited 28 November 2014 at 3:48PM
    My very first thought is "But OP hasn't got room to take in anyone else". Its only a 2 bedroom place and a flat at that and that means its only big enough for your own family (or maybe not even that, as you have two children - though we don't know their ages and sexes).

    Tell her no and try to keep "lips zipped" at her even asking when your place is that size....cheeky wotname she is:eek:

    Will admit that if that was my own circumstances then I would have decided that the absolute most I could do in terms of accommodating someone else would be to let a friend "bed down" for one night only in the sitting room, as there literally isn't room for more.

    Mygawd....rather livid on your behalf that she has even had the nerve to ask in view of the size of your home...the phrase that is coming to mind about your sister is not a complimentary one I have to say.

    If you and your partner are in one bedroom and both your children in the other one, I can't honestly think just where your sister would be expecting to sleep literally (ie in the bathtub???).
  • jjlandlord wrote: »
    For what it's worth: Do not treat family relations as business relations.

    jjlandlord


    I was very disappointed from your comments in the past. I now forgive you. Your comment (above) is highly regarded. Thank you.
    Families are not business. The value of Life is not all money and calculation. I will put my own life for my sister.
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