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Bryony Gordon's Mad World

PREVIEW: "I'm fed up with my adult child living at home - I'm moving out".

Bryony Gordon's Mad World

The Telegraph

Health & Fitness, Mental Health

4.61.1K Ratings

🗓️ 8 May 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

This is a preview of Katie Morley's new podcast Money Confidential. Listen to the full episode here: https://podfollow.com/moneyconfidential


Would you let your adult child move back home and not pay rent? As the housing market becomes more unaffordable, many adults are not only relying on the bank of mum and dad, but the house of mum and dad, with reports suggesting there’s up to 5 million of them in Britain. For some this set up will be hunky dory, but for others it can lead to toe-curling conversations about money.


In this episode, Katie chats to “Mark”. Last summer, his adult daughter moved back into the family home with her partner and family in tow. Nine months later, he’s had enough and he’s off. We also hear from financial expert Lisa Conway-Hughes and Telegraph columnist Michael Deacon on practical solutions as well as tips and tricks for navigating this awkward situation.


✉️ Need your awkward money problem solved? Email Katie or send a voice-note to [email protected]


✍️ Tell Katie your money dilemma and keep up with all our case studies every week: https://telegraph.co.uk/moneyconfidential

💰 Discover more of our leading Money journalism: telegraph.co.uk/money

📰 Subscribe to the Telegraph here: https://telegraph.co.uk/moneypodcast

🗞️ Read more about adult children living at home and what you can do: https://www.telegraph.co.uk/money/consumer-affairs/adult-child-living-at-home-how-to-help-get-them-leave/

💬 Follow Katie Morley on Instagram: @MoneyBackMorley



Katie Morley, The Telegraph's Consumer Champion, has won back £10 million in compensation for readers. Now, she's hitting the road for a brand new podcast, Money Confidential, to hear directly from you. Would you let your grown-up child move back home and not pay rent? Is it fair for your richer siblings to go skiing and leave you behind? Are private schools really worth it? This is the place where we discuss everyday money problems affecting your life and relationships.



Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Katie Morley here, the Telegraph's financial agony aren't.

0:03.0

Just popping up to tell you, my new podcast Money Confidential is out now.

0:07.0

I'm going to play you the first five minutes of episode one,

0:10.0

and if you like it, you can find the whole thing by searching money confidential in

0:14.4

your favorite podcast app.

0:17.0

On a damp and windy march day I knock on the door of a southwest London terraced house.

0:26.0

It doesn't belong to a 20-something graduate but to Mark.

0:30.0

Come through, not his real name.

0:33.0

You okay? Yes, that's right.

0:35.0

A 60-something retired IT professional.

0:37.0

He's welcoming and obviously very house proud,

0:40.0

keen to give us a tour.

0:41.0

When I was living there was my office.

0:43.0

So will it be your office when you move back in?

0:46.7

Mark doesn't live here.

0:48.0

Yet.

0:49.0

He rents this house out to a tenant and lives in Devon with his partner, but soon he's leaving his life in

0:55.6

Devon to live alone in London.

0:59.0

Why?

1:00.3

Last summer his adult daughter moved back into the family home with her partner and three children in tow.

1:06.0

Nine months later he's had enough and is off.

1:10.0

Welcome to Money Confidential with me Katie Morley.

...

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