To think no adult kids would agree to pay this!

[Cruelstepmother]

Just found this 'how much rent could you charge your kids' calculator! www.comparethemarket.com/home-insurance/content/pa-rental/ - they suggested my cuckoo-back-in-the-nest stepson should be paying us £593.80 a month. What are your views?

£977 apparently. There are 3 of them so I can give up work!

StCharlotte I do think it's really hard line. But it is effective! However, being out young means that you may make poor choices re relationships/jobs because you have no backing from which to take stock and take your time. The opposite of having 30 year old AC on good salaries taking the piss is no good either.

Interestingly, the rent for an area where houses are typically 4 bed detached is worth less than an ex council estate with only 2 bed bungalows! They are only a few miles apart so...

How many empty nesters are that keen to make a profit off their now empty kids rooms though by living with strangers, and how many renters want or need to share a family home?

If I were single I would evaluate my options for houseshares of young professionals, or 1 bed flats. Empty nester parents looking to make some money off the spare room would rank slightly above satanists and BNP supporters in appeal, but not much!

£535 here. That's half what he earns, it's ridiculous. Until I stop being able to afford it I won't charge him anything, I'm lucky that I can do that though for now. He's had a rough couple of years and I'd like him to enjoy the rest of his teens. If he's still at home at 21 or so then we will see.

£661.80! He's got a year off next year (before hopefully going to university in 2020). I'm going to be minted!

@thecatsthecats completely agree. Could you imagine getting back from the clubs at 3 am or bringing a new partner back to the house you share with a middle aged couple you barely know? Couldn't think of anything more awkward.

I'm actually going to make him give me something which he can have when he goes off to Nottingham. Unless I spend it all on fast cars, faster men, and hard liquor 😎

DM charged us 1/3 of our net income. She was in a low paying job and having adult children return home cost her a lot, not least in loosing her single person’s council tax discount, food and power. I say fair enough.

When I paid board it was 50% of my total weekly wage. By the time I'd paid bus fares to work I didn't have a lot left but still managed to go out 5 nights a week

Almost £600 here, I might drag them back at that rate!

Around £500 in my postcode. The figures are wild though... the gas and electric amounts are more than we pay for our 5 bedroom house

our postcode is £604

of which 417 is rent I would not charge rent as we have paid off mortgage
food 102 that would be about right there are 3 of us and we spend roughly 350 on food and things like toilet paper each month
heating it said £85 that is a bit steepfor just gas and electric but if it also includes a share of broadband, TV council tax water rates then £85 so that would then be £187 a month which I think is reasonable to charge
I do think 3 adults in house a third each for bills and food is reasonable and a roughly equal share of chores

some people may need to ask adult children to help with actual housing cost especially if in rented as the parent may have lost council tax discount and may have lost some benefits , also if the adult child was not at home they maybe able to downsize.

I do not think a decent adult with a decent job and income whose parents were struggling would resent helping out financially

I suppose it depends on the house and the location thecats and squirrel. My DD's part of the house has a separate entrance, hall and stairs with a bedroom and separate bathroom. We live in a slightly touristy area (at least an area where people might like to visit for a couple of nights) so it would be easy to rent out as a BnB type thing or even a longer let if someone wanted. There may not be a couple here either, if that makes any difference to anyones decision.

But yes, I agree with you that most adult kids bedrooms probably wouldn't appeal to many young people for permanent living accommodation. I just think the way things are going many older people just wont have the luxury of empty rooms or not charging rent. I don't have a pension, so this house one way or another will have to support me and either be sold or rented out in some way.

2 of our neighbours have European students living with them now their kids are at uni and they get £50-75 a week per student and have 4 in a room.

Using my parents address it would be £608.40- £410 of that rent...That is more than their mortgage was.

Apparantly we should be chanrging DD the same (not sure how we live in a far more expensive area than my parents) I think i'll let her off though as she is only 9

625 here.

My postcode £533.32 of which £93 on food

My mums postcode £626 a month of which £105 on food

My cousins postcode (central London) £1012 a month of which £96.30 on food

Remind me never to move in with my cousin, I can't afford to live with her :)

@MrsKoala

As lovely as that sounds for a BnB, I think I'd rather be in a houseshare! Though I get what you're saying about being able to make income from it somehow.

Crikey if my kids stay living at home when they are working they'll have to pay £620 each. That's more than the mortgage

£891! Our mortgage is paid off but I think that would have covered it. You could easily rent a two bedroom flat for the rent element round here. Or a fantastic flat share in the city centre.

4 in a room? Are those massive rooms?

Yes a large room with 4 single beds in. The students come from France for a month and stay 3-4 days a week and go home at the weekends (France is near and London is only 45 mins away on the train and we are 3 mins from the station, so it's ideal for them and loads of NT type stuff round here, Canterbury not far etc). They have some Italian students too but they stay in 3 week blocks. They are out all day and return by 10pm. They've always been really well behaved and quiet. We get flyers asking for hosts all the time. It's not just round here either. ExH's parents used to take in German students for extra cash and they lived in the Wirral.

It’s £603 per month in my post code.

Have just sat DD down at the kitchen table and gone through the figures with her. She seems a bit put out.

Admittedly, she is only seven, but still...

£600 where i am... which is actually £80 more than what my rent costs!

My children are 7 and under so not a problem yet though haha!