Please help with final rent calculation!

marliepanda

Hello

I am calculating my final rent on a property.

I pay £650 a month. In August I am staying until the 22nd, so my rent is to cover the period 1st August to 22nd August. (these dates are correct with my tenancy and agreed with the LA)

I calculated initially a rent fee of £458 (or £461)

My LA has come back to me saying that is incorrect and £470 is correct.

Now I know we're only talking about £9 here, but I'd rather £9 in my pocket than theirs!

So could anyone help me with the rent calculation? Can happily give any more info if necessary.

Martha

picklepick

They have worked it out as follows.
You pay a monthly rent of £650. To work out what that is per day, you first have to multiply by 12 months to get a yearly figure = £7800.
Then divide by the number of days in the year = £21.36986 per day,
Multiply by the number of days you are paying until August 22nd, so 22 days = £470.13692.

They're letting you off the 14p!

marliepanda

I took into account the leap year with my calculations. Clearly they didnt want to :P

tbs624

'tis a leap year..........so (assuming calendar month not "lunar" month) you could argue that it comes out at £21.31 per day,
which amount x 22 = £468.82 so they are overcharging by £1.18

Sorry Marlie cross posted with you - is it your calculator or mine that's wrong ?

picklepick

marliepanda wrote: »

I took into account the leap year with my calculations. Clearly they didnt want to :P

I forgot it was a leap year!
Not sure how you have because then it would be £469??

If you're that bothered over the £1 then you can remind them of the leap year. :cool:

marliepanda

tbs624 wrote: »

'tis a leap year..........so (assuming calendar month not "lunar" month) you could argue that it comes out at £21.32 per day,
which amount x 22 = £468.82 so they are overcharging by £1.18

I shan't quibble over £1 :P
They have said they do not take into account the leap year (well they wouldnt!)

I am responding that I have amended my standing order, but unfortunately it is no longer financially viable for me to allow viewings

girl_withno_name

tbs624 wrote: »

'tis a leap year..........so (assuming calendar month not "lunar" month) you could argue that it comes out at £21.31 per day,
which amount x 22 = £468.82 so they are overcharging by £1.18

Sorry Marlie cross posted with you - is it your calculator or mine that's wrong ?

I get £468.85 (and 3p in my pocket to cover the difference )

tbs624

Pay the full (overcharged amount) and email them to request that they give the overpayment of £1.18 to a local charity to ease their consciences

marliepanda

picklepick wrote: »

I forgot it was a leap year!
Not sure how you have because then it would be £469??

If you're that bothered over the £1 then you can remind them of the leap year. :cool:

Well I did it monthly first, (650/31) x 22! lol Ive got loads of different numbers, but none as high as theirs :P

picklepick

marliepanda wrote: »

Well I did it monthly first, (650/31) x 22! lol

Oh haha, very bad maths! Slap on the wrist for you

marliepanda

picklepick wrote: »

Oh haha, very bad maths! Slap on the wrist for you

heeeeeey this is MSE! Every little bad calculation helps, no? :P