I am trying to work out what I owe in a situation and although it’s a minor matter I need to get this right.
I rent a space, let’s say a storage barn for the sake of anonymity and it costs me £330 per month. The cost of renting that space changes to £310 per month from 1st April.
I pay monthly in advance on the 16th of every month and am fully paid up, no arrears.
I have given notice (1 month as per contract) of my vacation of this space and this notice was given on 13th March - 3 days ahead of my usual payment date of the 16th - and I will be leaving on or just before the 13th April.
On 16th March I paid til the end of the month at the old rate (15 days at £10.85 per day totalling £163.00) and on 1st April payment for the reminder of my stay will be due at the new rate of £10.20 per day).
I calculate that on 1st April I will need to pay £102.00 but is this correct?