DD and charging rent?

[Nolongerachild]

Long time poster, NC. Need some advice please, in case I am not being reasonable.
Single mum, no partner. DD living at home, and has finished her Masters, and started new job with a good salary.
I feel I should start charging her rent to include bills and food. Does £500 a month sound OK? My rent is £1300 a month, CT is £170 and who knows what energy bills will be this year but guessing around £100 a month. Then there’s water, internet and our food bill. She has to pay her mobile and her transport (no car). I just feel I need to put more into my pension, and I have literally nothing left at the end of every month. We’re in Bristol area, for my work, but it suits her very well for now. If she moved out I’d get a lodger. I’d really appreciate any advice particularly if someone else has had similar experiences. DD is 24. Thanks.

£500 sounds like almost market rate. I wouldn't charge my child that much.

Why don't you discuss it with her!
Have a look at other rentals she couid get, room size and bills and be open and discuss it, say why and come to a mutual descion.

That’s quite a lot. More like £300/350

I assume £600 would include bills and food, so yes, seems reasonable. But maybe have a look and see what the going rate is for a lodger.

£500 as market rate in bristol… dream on.
Sounds fair OP.

Telling her it suits her well or discussing it with her, explaining it... Asking if she'd like to come and look at rentals with you.. As pp said perhaps you may end up with her paying less as you'd prefer her to live with you than a stranger and she might prefer to live with you but for 500 maybe she can find something better!!

I wouldn't

My dd pays £300 - your rent is astronomical though - my mortgage is less.

Shes a grown adult with two degrees.

Your proposal is more than fair

What is her salary ?

£500 rent to live at home is ridiculous!

Charge her some dig money but not that amount!.

Blimey just because you haven't put enough in your pension you are going to stop your daughter doing the same. She'd be better moving out to a house share and getting some freedom

I think that’s too much

You will get posters on here that have no idea. She will not get anywhere for £500 that includes all that you offer. Yes it is her decision if she pays it, she is an adult she can move out and you can get a lodger. It is not unreasonable and in your circumstances it is a necessity.

£500 is ridiculous. Your pension isn’t her responsibility

If your DD pays you £500 pm it still leaves you over a grand to find yourself, so she shouldn’t really complain if she’s on a good salary. Saying that I don’t know the market rate is in your area, but if it’s cheap she may well decide to move out altogether rather than pay you, which is no bad thing at her age I guess.

Bristol can be anywhere for £800 - £1400 for a 1 bed flat so no, I don't think you are being unreasonable, can she drive?

@Mandofan
Her daughters accommodation isnt OPs responsibility 🤷‍♀️

If she’s 24 she should have been paying board a long time ago. She’s an adult.
At least half of the bills/food shop and some towards the rent would come to more than £500

Could you lay it all out for her as you have for us?

I don't think it is very good for her not to have the experience of learning to pay rent TBH. If she keeps living with you and not paying for rent or food, you are treating her like a child and she will get a heck of a shock when she moves out and suddenly has to budget.

Sounds fair to me as she's on a high income and presumably eats from your fridge too?

I have think it's treating her like a child to tell her to pay rent rather than talking to her openly like an adult and discussing it together by looking at other places (if she wants too) explain your finances... If she does choose to stay with you and pay rent one assumes she will do it glady and willingly rather than harbour resentment?

@IGiveUpalready

Bristol can be anywhere for £800 - £1400 for a 1 bed flat so no, I don't think you are being unreasonable, can she drive?

What's the houseshare rate though - that's her alternative, not a one bed flat!

It really depends on what her salary is tbh. I'm not currently charging mine, but only because I want her to build up some savings, and save enough for a rental deposit. We will charge board in a few months though! Probably half market rate for a houseshare.

My parents charged me £280 a month at 18 years old. I was on 14k a year. And I bought my own food on top. I ended up moving out and moving closer to work and rented a studio flat for 500 a month. It worked out not much more rent wise as I wasn't paying for transport any more and the ct was fair.

Anyway I think it depends on her salary. Sit down and show her how much everything is and say you are thinking of asking her for 500 a month and show her why and see what she has to say

I was actually unhappy as I found out that they where paying rent of 350 as my step dads parents owned the house. So I was basically paying their rent for them