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Pro Rata Rent payments
sarzos
Posts: 8 Forumite
Quick question for you, as citizens advice weren't at all helpful on the topic (not sure why they think linking to their generic website pages is good enough advice, I wouldn't be contacting an advisor if I'd read the answer myself, but I digress...)
My current fixed term tenancy ends today and the section 21 notice applies from tomorrow until April 24th. The letting agent has said that I am welcome to leave at any point during this time with no penalty. In a follow email, they agreed that any rent will be calculated pro rata.
So do I still have to pay the rent in full by the same standing order agreement? Or do I wait until I move out to get the calculated value and pay it then? I don't want to put myself in a poor position with this as there's ongoing complaints with the agents and I want my nose to be squeaky clean
Thanks
My current fixed term tenancy ends today and the section 21 notice applies from tomorrow until April 24th. The letting agent has said that I am welcome to leave at any point during this time with no penalty. In a follow email, they agreed that any rent will be calculated pro rata.
So do I still have to pay the rent in full by the same standing order agreement? Or do I wait until I move out to get the calculated value and pay it then? I don't want to put myself in a poor position with this as there's ongoing complaints with the agents and I want my nose to be squeaky clean
Thanks
0
Comments
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If they have agreed, in writing, to pro rata your rent, then work it out for yourself and adjust your final rent payment.
Monthly rent x 12 = annual rent.
Divide by 365 for daily rent.
Multiply by number of days from rent date to tenancy end date.0 -
I don't actually know when I'm leaving yet, I haven't found another place to live. Potentially I could be here two months, or two weeks.
When I know my leaving date, I'll pro rata the last rent payment, but in the mean time do I withhold the full calendar month amount?0 -
If they have agreed, in writing, to pro rata your rent, then work it out for yourself and adjust your final rent payment.
Monthly rent x 12 = annual rent.
Divide by 365 for daily rent.
Multiply by number of days from rent date to tenancy end date.
Genuine question - as it's a leap year should it be be divided by 366?0 -
Ask the agents by email? Technically you are likely to be breaching the AST if you don't pay on the date stated in there. More likely you'll a pro rated refund of rent when you move out.0
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Boatdweller wrote: »Genuine question - as it's a leap year should it be be divided by 366?
yes - (minimum 10 characters to post)0 -
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In that case, pay rent as normal until you have a leaving date.I don't actually know when I'm leaving yet, I haven't found another place to live. Potentially I could be here two months or more, or two weeks.
When I know my leaving date, I'll pro rata the last rent payment, but in the mean time do I withhold the full calendar month amount?
Reclaim any over-payment. t sounds like the LL/agent is being reasonable so I see no reason why they would not refund pro rata once the date/amount is known.
(Yes, leap year. Sorry! )0
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