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AIBU?

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Family and rent

37 replies

Emz1212 · 14/08/2024 20:01

Long time lurker - but would appreciate opinions on this. Going to try and keep brief so isn’t outing.

My sister split up with her husband just over 2 years ago and we rented her one of our properties. Market rate would be £2200 pcm - but we let her have it for £800 as her ex hadn’t left in a good situation.

Anyway fast forward two years and she is back on her feet. She doesn’t earn a lot - but about 6 months back asked if she could move her partner of a year in to which we agreed.

partner earns circa 60k per year and has a
flat which he now rents out.

my husband thinks the peppercorn rent is no longer enough and the fact she has a partner there means they should pay more. As it’s my family he wants me to approach it.

two things

  1. great relationship with sister and partner also
    a very nice guy we get on with. (No kids on either side)

  2. sister is aware we don’t really need the money and don’t need to increase the rent.

OP posts:
SaltAndVinegar2 · 14/08/2024 21:13

Catza · 14/08/2024 20:13

If you don't need the money, I don't see any need to increase the rent. The market rent is irrelevant, in my opinion.
My mum has been "renting" from my aunt's husband for the last 10 years. She doesn't actually pay any rent at all, only for the upkeep of the property including all the repairs. Everyone seems happy with that arrangement so my view may be biased by that.

Yes but if your mum moved in a new boyfriend on 60k a year who also owned another property (and let it to some other tenants at market rate and kept all the money from that)... Would that change things?

Motomum23 · 14/08/2024 21:11

Well the partner is profiting massively from your generosity

SaltAndVinegar2 · 14/08/2024 21:11

I don't see why you should subsidise the partner. Charge them 800 each.. or they can move somewhere cheaper. It was kind of you to help your sister. Whether you need the money now is not relevant really - effectively you are giving your sister and partner £1400 a month. Which is fine for a sister going through a hard time - less so for an independently wealthy person you hardly know. Oh course there is some benefit letting to family in terms of reduced risk. So there's a balance. But under half the market rent is very low. Is it a huge house?

Whaleandsnail6 · 14/08/2024 21:02

I actually think your sis and her partner should offer you more, I think they are cheeky if they dont.

But I dont think your oh is unreasonable in asking for more rent since your sis is in a better circumstance now.

Heronwatcher · 14/08/2024 20:58

I definitely think they should be paying more- it’s the principle and her/ him building up a debt is only likely to breed resentment. He’s on a decent salary and it sounds like she’s in a much better place. You may not need the money now but who knows what could happen in the future and I assume the properties were only bought to generate an income. I’d explain this to her, say that you’re really glad that she’s in a much better place and in a new relationship and that you’ve been really happy to help her out so far but you really need the property to generate an income for the future. Give them the option of either paying the market rent (or at least somewhere closer to it) or finding their own place and you renting to someone else.

aloneintheether · 14/08/2024 20:57

Probably depends on how well off you and your husband are and how much your sister is struggling financially. It's hard when it's a sibling and you want them to be comfortable. I think for me the priority would be my siblings comfort. You said one of your properties and if the other properties are bringing similar amounts of money in you're probably pretty well off financially. If that's the case I would let them stay on the cheap rent. If you're not super well off though then would definitely ask for a higher rent, especially with the partner getting and extra income in the rent payments from his own flat. Not an easy dilemma though.

Shinyandnew1 · 14/08/2024 20:51

I would have addressed this when she asked you if he could move in.

I would say you were going to put it on the market and see what she says.

Thunderboltandlightningveryveryfrightening · 14/08/2024 20:47

Surely they pay each what dsis was paying? Or you are a mug imo.

Bigcat25 · 14/08/2024 20:45

1500 seems fair.

Catza · 14/08/2024 20:13

If you don't need the money, I don't see any need to increase the rent. The market rent is irrelevant, in my opinion.
My mum has been "renting" from my aunt's husband for the last 10 years. She doesn't actually pay any rent at all, only for the upkeep of the property including all the repairs. Everyone seems happy with that arrangement so my view may be biased by that.

Emz1212 · 14/08/2024 20:10

And sorry to drip feed - but husband doesn’t even want market rate. He is happy for them to pay 1500
as its family.

OP posts:
Tulips543 · 14/08/2024 20:09

I agree with your DH - the circumstances are very different and they should pay more rent. Personally would have addressed it when partner moved in but reasonable to address it now as their relationship is clearly ongoing.

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