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?

583.32 but 93.00 of that is food - they’ve obviously never had to feed dd

£585 which is pretty much what I pay in rent, utilities and food for the three of us. In fact their figures for gas and electric is higher than my monthly direct debit.

£540 here, but that would rent you a place on the open market (going rate for a room is about £65 a week) so no idea how they estimate so high.

Was this designed by a parent trying to prove an unreasonable point to their child?

My post code says £611. Calculation for gas and electricity almost covers our monthly bill so that's unfair and out mortgage is only 800 so we wouldn't charge our child(ren) anything like this. I thought standard was £50 a week if you choose to charge...

£532 yet my rent per month isn't even that much!
If I charged them that much (Not that they are old enough yet)
Ide loose all my benefits.
A child surely cannot be expected to support its parents like that?

£608!! It's double our mortgage 😂😂

Don't understand how those numbers are calcurated. Based on my postcode, £450 would be rent, and yet you can rent a 1 bed flat nearby for less.
You could also rent a (probably nicer) room in someone else's house as a lodger for less than the rent alone here, and that would be with all bills included.

I'd only be charging my adult children those costs if I was trying to get rid of them.

I put my postcode in and got £457. Before i bought my current house i rented a large 2 bed flat for £425pm. You can rent a really nice 3 bed for £600pm here, sometimes less. (Yes i know rent is cheap here, im in Humberside and everything is cheap but wages are very low)

I think adults should be paying their way and not sponging off their parents. They should definitely be encouraged to move out.

I think that calculator overestimates, based on what I know about student room rents in Scotland.

£670.08 for where I live. Can't imagine charging anything like that for an adult child still living at home. Surely the point of staying there is to save money for own place and not have to worry about rent and bills.

I doubt many parents will take notice of any of that.

£532, My rent is only £312 p/m.
Roll on the kids turning 18, we will be rolling in it

I'm gonna send this to my sister who kicks up a fuss at paying £50 p/w to parents for rent, bills and all her food!

Load of rubbish. £700 for our house. They’d be in the box room!

£574. My rent is £600 and I have no adult DC.

Hopefully by the time they’re adults I’ll own a house...

Timely as my dd is returning after university this month, and dd2 has started full time work this month, so we were discussing this.
The calculator says £500 pm near enough. Dd1 is going to be working in her old part time job until she gets a graduate post, so not earning much yet but then hopefully on a good income. Dd2 will earn around £800pm full time.
Dd1 is a saver, she will scrimp to save a deposit for a house, which is why she’s moving home rather than staying in her university city, though she’d love to live there later.
Dd2 spends whatever money she has and runs out each month.
We’ve always said we will charge rent, but they don’t know that it’s going to go into saving accounts for them.
So, is it fair to charge the higher earning one more, once she’s earning, or both the same? And if you’re only earning £800pm with little chance of that increasing, how can you ever afford to move out?

Hazelnut whilst I agree with you I don’t see how my dd will be able to move out on £800pm. Hopefully I’m wrong and loads of posters will tell me it’s easy

Apparently £895 is what I would owe, and I come with DD in tow. I currently live with them and they won't let me pay them a penny, which is lucky when we have less than £100 a week to live on for the foreseeable.

Who calculates this shite?! Poor DS’s rent comes out at nearly £600 and that’s nearly our mortgage payment.

I have seen so many late twenty-somethings who live and are fed by the parents while using their salaries as pocket money. Lovely mega expensive clothes, plenty of nights out in trendy places, no savings and some even have debts.

Although I agree the calculator’s figures are too high, I don’t see why the house and food expenses shouldn’t be split in equal measure between all the earning people living in the house. That is not treating them as lodgers but treating them as Adults and helping them learn to be responsible and most importantly REALISTIC about their income.

No point going around like a petulant yuppie when mom and dad are picking the bill even if earning far less than the offspring.

Wow nearly £600! That’s what I charge my actual lodger...

And also the amount it suggests for gas and electricity contribution are more than my total gas and electric bills!!

Apparently £532 for me. Eldest DC is only 16 but looked for the future.

Breakdown is £345 in rent. My mortgage is only £380 per month.

I'm all for DCpaying their way and absolutely will charge once they are earning, but that calculator is ridiculous. It seems to expect my DC to pay my mortgage for me.

If I charged the £611 suggested DS would never save any money to move out.

Mine comes out at £698.
Ds pays £50 a week going up to £55 (,he just got a rise)
He is saving up for a deposit and wouldnt be able to if we charged him £700 a month.

I have seen so many late twenty-somethings who live and are fed by the parents while using their salaries as pocket money

I don't recognise this at all. Late teens, early 20s perhaps. However, I would wager that the majority of those who are still living at home in their late 20s, are doing so because they are desperately saving for a house deposit.