19yr old single male on £14K

Oldernotwiser

Just make sure you don't get him back when he finds he can't afford that rent on his income! You can't tell them at that age. (Does he have his own facilities when living with you?)

pollyanna24

Oldernotwiser wrote: »

Just make sure you don't get him back when he finds he can't afford that rent on his income! You can't tell them at that age. (Does he have his own facilities when living with you?)

What do you mean by own facilities? Toilet and kitchen? No, we all share the bathroom, but guess he didn't really have any choice when he moved in with us as the rent is nice and cheap and his daddy was kicking him out as he was moving abroad.

He gives me rent which covers all his bills. Even stuff like bog roll and washing powder. I was even a complete muppet when he moved in and he eats out of our fridge and I cook his dinner.

Honestly, once he is out that door, there is no chance on hell that he is going to ever get back in! Heehee, aren't I mean?

msmicawber

Hi Pollyanna,

I'm afraid he's going to have to be more realistic. As you say, property prices for renting or buying in the South East are very high. Letting agents have a calculation that they do when considering rental applicants - I can't remember exactly what it is, but it's something like the rent cannot be more than 1/3 of income. They may possibly consider him if he had a guarantor, but sometimes not even then. It's too risky. So if he really wants to live alone he needs to either find a private landlord who isn't so formulaic in their approach to rent as proportion of income, find a better paid job (easier said than done at 19 I know), or get a second job to increase his income. I've noticed that young people are a lot less prepared to share than we oldies were when we first left home. I'd love to know why, but that's for the discussion forum, I suppose.

pollyanna24

I can see why he doesn't want to share, but it's part of life and growing up. I think it will be great for him to meet other people his own age and maybe get a bit of a life. At the moment, he does nothing, but mope around our house.

He looks at my bf, his big brother and wants to be like him. We didn't house share, we lived with my parents until we were able to buy a house.

I didn't realise that the landlord would check his income. I just thought they would let him rent as long as he said he had the money. That's quite interesting actually and quite good. I think he might be able to afford the first couple of months (and he does have a deposit saved up), but reckon he will struggle after that and it will down to bf to sort him out (this I don't need as by then I will likely be heavily pregnant or have a newborn).

msmicawber

Oh yes, landlords check income since anyone could say anything otherwise. They also do a credit check (which the prospective tenant has to pay for) and usually ask for references from previous landlords and/or employers. Responsible letting agents and landlords won't take on a tenant who will struggle to pay the rent and bills, which is only right. I suspect they may become even tougher given the current financial climate. Maybe he needs to contact a few agencies and find out for himself how it works.

Oldernotwiser

pollyanna24 wrote: »

I didn't realise that the landlord would check his income. I just thought they would let him rent as long as he said he had the money.

:rotfl: :rotfl: :rotfl: :rotfl: :rotfl:

Pollyanna by name, Pollyanna by nature!

(Didn't mean this nastily but it was too good an comment to miss!)

I don't think he's got much hope of finding a landlord prepared to rent him a property with this sort of rent - and don't forget that he'd have the Council Tax on top. How much is that in your area?

Has he started looking yet? The whole process can take over a month by the time that references have been taken. and it's June in 6 weeks. Does he have a month's rent and 4/6 weeks deposit saved? I have a nagging suspicion that he's goiong to be sharing the cot with the baby!

All the best.

LilacPixie

PollyAnna - think your BIL will need toeither share a house with another or get a second job/income.

If he goes alone he should get 25% single person discount from the council tax but thats it i'm afraid.

Also don't presume just because someone isn't posting from the SE then living costs aren't high. Ctax up here is £106 pm for band a. yup rents are lower but ctax is higher so really its swings and roundabouts.

A £300pm share including bills sounds a good deal to me, should givehima chance to save a little for a place alone and maybe give him a bit of a life lesson in how much things actually cost.

Conor_3

mitchaa wrote: »

Good post, but may i ask how your sister in law has such a high income and how she manages to still get free housing and council tax with a £27k income coming in?

It's all benefits. A large chunk of it is to do with her 2 sons who both have Duchens Muscular Dystrophy with the eldest being completely wheelchair bound. All the income relating to the disabled kids isn't included in any HB or CTB calculations - only her Income Support appears to be.

hotblu

C_Ronaldo wrote: »

I could manage on 17k, what do you spend on your car to make it £150 a month

£150.00 is the car finance, doesn't include petrol or insurance.

dmg24

hotblu wrote: »

£150.00 is the car finance, doesn't include petrol or insurance.

If you are struggling hotblu, you really need to look at your outgoings. A relatively high mortgage plus that £150 just on finance are not necessary expenses.