Pro Rata'd Rent in February

saajan_12

Generally, there is no rent refund, rent is due for entire tenancy periods which cannot be subdivided. There certainly is no 'daily rate' so the £41.10 figure in both your calculations is meaningless (what about leap years.. rent per hour.. minute.. )

Per your original contract, the tenancy could only end through notice expiring and a court order (in the case of LL notice). You have mutually agreed to amend contract through a mutual surrender, to terminate on a certain date. That agreement encapsulates the terms of further amounts payable, etc - please quote the exact terms.

IF you agreed a pro-rata rent refund of final rent, then that £1250 covers 28 days from 2 Feb - 1 March.
4 days => 1250/28*4 = £178.57 cost
24 days => 1250/28*24 = £1071.43 refund

You're not taking a pro-rata of one year's rent, that wouldn't make sense on a periodic tenancy.

bradshawj

saajan_12 wrote: »

Generally, there is no rent refund, rent is due for entire tenancy periods which cannot be subdivided. There certainly is no 'daily rate' so the £41.10 figure in both your calculations is meaningless (what about leap years.. rent per hour.. minute.. )

Per your original contract, the tenancy could only end through notice expiring and a court order (in the case of LL notice). You have mutually agreed to amend contract through a mutual surrender, to terminate on a certain date. That agreement encapsulates the terms of further amounts payable, etc - please quote the exact terms.

IF you agreed a pro-rata rent refund of final rent, then that £1250 covers 28 days from 2 Feb - 1 March.
4 days => 1250/28*4 = £178.57 cost
24 days => 1250/28*24 = £1071.43 refund

You're not taking a pro-rata of one year's rent, that wouldn't make sense on a periodic tenancy.

Thanks so much. My agent just agreed to £1071.43 refund.

Help gratefully received.