Charging Rent from children?

smsfad

Please advise.

I have a son (26) who earns about 28,000 and pays £100 per month rent he buys his own food and does his own laundry but I supply the detergents etc, he bathes most nights and my water bill is high!

I have a daughter (23) who earns 18,000 and she pays no rent and has just moved her girlfriend in well see has been staying for 6 weeks!

What is a realistic amount for each of them and how can I justify this as they are rather argumentative?

Kind regards
Annie

silvercar

Work out what extra it is costing you? Can you afford to cover this?

Whether you want your offspring's partners living with you is a different question; more concerned with privacy and household dynamics than money. I think it is particularly rude for your daughter to do this without asking.

Money_maker

smsfad wrote: »

What is a realistic amount for each of them and how can I justify this as they are rather argumentative?

Show them prices to rent locally then tell them it's my way or the highway. Then charge whatever you choose.

Lioness_Twinkletoes

For balance, my son earns £25k a year and pays £300 per month in housekeeping. I do his cooking, he does his own washing, but I provide detergents plus all toiletries. He is now in a serious relationship and saving for a deposit so I have dropped his housekeeping to £250 and will drop it again to £200 in Jan 2019.


I think you should charge a third of their take home pay. Write down all the bills so they can see how much it costs to run a home. Then show them how much a single room will cost (be sure to factor in that they'd have to provide all their own food, toiletries etc). Be firm. It's not an argument and is not up for discussion. Pay up or move out. No adult should be living for free.

jackomdj

Each families dynamics is different. How much do the other adults in the family bring into the household?

Personally I will do as my parents did, charge a realistic rate (I was on a YTS scheme earning £35 and paid £10 per week), my parents who did not need my contribution gave me the full value back when I bought my first property (age 20).

However if your family needs the extra money to enable the household to run, I would look at local property in your area, and see what it would cost them to rent a room with all bills included and charge them a percentage of that. I would also look at the price of 'extras' that you supply, and charge them a percentage for that. I would include the girlfriend in this if she is permanently living with you.

WibblyGirly

You could do a quick search as there are so many threads about this topic and the opinions in them vary greatly.

Batman2017

Lioness_Twinkletoes wrote: »

For balance, my son earns £25k a year and pays £300 per month in housekeeping. I do his cooking, he does his own washing, but I provide detergents plus all toiletries. He is now in a serious relationship and saving for a deposit so I have dropped his housekeeping to £250 and will drop it again to £200 in Jan 2019.


I think you should charge a third of their take home pay. Write down all the bills so they can see how much it costs to run a home. Then show them how much a single room will cost (be sure to factor in that they'd have to provide all their own food, toiletries etc). Be firm. It's not an argument and is not up for discussion. Pay up or move out. No adult should be living for free.

I think a 3rd of your sons take home pay on 25k should be a lot more than £300??

maisie_cat

When I was younger I paid 25% of take home pay and I only ate with the family 2-3 times a week.
I would expect somewhere between 25% and the local single or shared room rates. Your son takes home around £1800 a month so somewhere around £400 would seem fair.
Your daughter and her girlfriend should also be paying something, how cheeky to expect free board and lodging. On £18k the take home is around £1300 so assuming they both earn the same then

maman

WibblyGirly wrote: »

You could do a quick search as there are so many threads about this topic and the opinions in them vary greatly.

The opinions usually fall between those who need the money to cover the additional costs, those that feel that their children need to learn the lesson of paying their way and those who don't need the money and want to help their children save for a deposit.


It does sound as if OP is resentful of her children paying little or nothing. I'd certainly be furious if one of my children moved a friend in without asking. I think you need to make up your mind what you want from this. Do you want your children to move out? Are you short of money because of them? You're obviously enabling them to have extra disposable income. Are you happy with this? Do you want to make some money from their rent as a sort of payback? I think answering questions like these is far more important than a figure for rent which will be variable across the country.

JReacher1

Personally I do not like the idea of profiting from my children so I would never charge them anything.

I would feel like I have failed as a parent if the only way I could afford my kids living in the family home was to charge them rent.

ss53

JReacher1 wrote: »

Personally I do not like the idea of profiting from my children so I would never charge them anything.

I would feel like I have failed as a parent if the only way I could afford my kids living in the family home was to charge them rent.

Whereas others feel they have failed as a parent if they have not prepared their children for the realities (and costs) in life for when they leave home. Horses for courses.