How are people managing to pay the bills in this shit show

[Allthenameshavegone1972]

My daughter, fiance & dgs moved into their small, rented house nearly 3 years ago. Finding it a big struggle every month with the rent being £860. We, & her in-laws are guarantors for their rent.
I've found out her fiance has asked to borrow money for rent from his mum & for the second time my daughter has asked to borrow as he has not had the overtime. They obviously can't afford it. Both trying to get pay rises but it's hard in this day & age.
At the grand old age of 60 I was hoping to take a break from my office job, which I hate, for a few months and then go temping or work part time. We can afford for me to do that. If, on the other hand, I'm working full time then we can afford to be guarantors for their rent. Cant win either way!
She wishes theyd never rented now. They were living with her inlaws who have the space for them. She wishes she'd saved that rental money for a deposit instead. Their only option is to go back living with them, or all us parents carry-on working til we drop to pay for their rent. At 60 years old we should not have the pressure of working til we drop to pay for our adult dc's rent. We're not going to be in the best of health to work forever as we get older.
My dd is despairing, saying that she can't see life getting any better. I agree, unless us parents die relatively young without needing a care home and they inherit from us.
This shit show of a housing & col crisis is at breaking point, something had to be done, but I don't know what! 😡😡

I agree. If you don’t do this OP you’re going to create a rod for your own back. There’s obviously stuff going on that you don’t know about and how they react if you ask to look at their bank statements will be very telling.

You’re deluded if you think that £860 rent for a house is expensive.

She's right, it isn't going to get any better and blame the fools who voted Labour because this is just the start.

Funny how they have money for everything else like foreign aid, illigals (now £10m per day and turning the country into a cesspit of crime) they gave jnr doctors a 22% payrise and train drivers a massive raise with £300 per day on the 5th day. They promised Ukraine £3B per year (guaranteed) but all they talk about is the £22B black hole.

Bet the morons voted them in, it's going to get MUCH worse.

I know what you mean. I'm telling my kids to do as well as they can at school to gain qualifications which will enable them to leave this Country and work abroad. It's only going to get worse for them and the rest of us stuck here. Even if they are fortunate enough to inherit anything, I expect most of it will be wiped out by inheritance tax. There really is nothing great about Great Britain anymore, it's broken beyond repair.

You need to sit with them and go through their income and expenditure. Have they built up debts that need consolidation? I'd make that a condition of offering any further help

I understand where u are coming from in these days groceries and takeways are eating working people alive but it seems so normal people dont realise it ! So please 🙏 ignore the horrible people who are suggesting that ur been scammed or just being disrespectful to u without support

if you want some advice I suggest you sit ur daughter and fiancee down and get them to budget its a easy solution but a very hard to commit to, get the too see how much comes in then the minute the wages comes in they prioritise RENT first then bills like direct debts then the rest like food groceries it will be hard the first couple of months then they will get used to it

Also to help tell them to get extra jobs uber or deliveries anything for extra income there is no shame in that
Hope this helps 🙏

How are they noy affording the rent. It seems very odd. Have you done a budget with them?

How would they qualify for the few council houses that there are? The rent isn't even very high, they are not homeless or overcrowded ....you do know there is a housing shortage?

Sadly that’s quite cheap rent.

I find it sad for young people starting out, although I bought my first place after they’d shot up in value. I would recommend to save for a deposit and buy. If that means living back home it’s something to consider, and maybe moving a few miles out.

childcare is high until the free hours kick in, however it’s never usually all free.

yes we can all work more, i just find it sad many seem to work and have no play. I feel sorry for the children.

Who takes out two lots of car finance if they can't afford their rent? You buy a cheap secondhand banger if you need a car

Hi op,

It is incredibly horrendous. And when you live in a very expensive area…it is absolutely the worse as nothing can be done in terms of finding cheaper without looking at developing serious health issues.

It probably isn’t what you want to hear, but she might have to be the one that make it for her children and so might never really have what she wants.

I would suggest that you go part time and that you open a little account for your grand children. Save up for them or the issue might just carry on next gen 👌🏼

Good luck 🌺

Do you live in an alternative UK?

I think it is hard for young families now and it is concerning to consider how much worse it might get. The economy seems to be dipping and redundancies being announced is very unsettling. I am lucky enough to own a large property with an annexe and I would readily make this available to my daughter and her family if things got really tough and they had to sell their house. It is one of the reasons I won’t downsize until I know that the economic situation has improved.

I’ll take a punt you haven’t read this couple has a combined income of £46k, one child, no childcare costs @devastatedagain ?

Humm…with children, I would look at safety and also in how easy it is to reliably find a good second hand car if no one of my close knit knows nothing about cars…
Maybe they need two cars for their jobs.

£860 for a house would be a lottery win round here.

I think housing costs are ridiculous, but in their case, even on NMW they should still have quite a bit left over.

Are they servicing a lot of debt?

Why didn't they look for cheap secondhand cars like most people who are on low salaries.....but even then they must have historical debt and bad credit if they can't manage on what they earn on such a low rent.....here you can't get a room in a house share for that. They are very lucky to have it so cheap.

If you think this is bad, wait till reform get in.
Too many politically stupid people in the country. They will be the end of Britain.

Depends how much their car finance is, if they have 2,400 after rent, deduct council tax day 140.00, gas, electric, water,200.00 car insurance for 2 cars, car tax, repairs, petrol could be talking of 500. Finance in 2 cars? 1,000 ?, TV licence, contents insurance another 50.00, school dinners? Clothes, plus food for 2 adults and one child only need a credit card each, trouble paying. Get them both to list everything that's going out and coming in. Takeaway couple of nights few drinks?? Incomings via outgoings see where they can save. If they have credit cards could they get 0% interest for transfers. They need to be honest where the problems are and why. Can't afford it, do without.

In short term rent, paying £850pm, live alone so totally responsible for all bills. Just about hanging on thanks. I’ve made a few small adjustments, but doing ok. How do two people not manage what I’m paying by myself?
takeaways? Sky? Lunches out?

If they are repeatedly asking both sets of parents to pay their rent they need to Gough up the figures just like they would if asking for help from a licenced loan provider or asking companies for payment arrangements

They won’t get in. They are predicted to not even be the opposition in five years. Trump and Fartage will be a bad memory, like johnson is. 🙂

But full time jobs get minimum pay as others have stated and this couple don't pay a big rent....well they seem not even to pay the small one..

My DH had just been made redundant for the second time in six months when we first met and I was still at uni, working PT around it. Neither of us had a penny to our name. I had some friends suggest that because he didn't have a job I should walk away.

Between the two of us, we are now in a significantly better financial position than those friends. He worked really hard to find a job, then worked really hard to get himself into a good, senior position. I worked really hard to get myself into a decent job with good prospects but, importantly, the ability to WFH (because DHs field isn't able to do that) and flexibly around childcare needs.

The financial position someone is in at the start of their adult lives doesn't mean anything for their future. If he's a good lad and working hard to provide for your DD and DGS, then ignore the people suggesting his financial situation makes him a bad one. Speaks volumes about them and their values.

I find it far fetched that they "needed" to borrow for two new cars. Reliable second hand vehicles exist.