Hi everyone,
I’m not sure if this is the right place to post, but I’m hoping to get some advice – thank you in advance!
I’m renting a property from a friend and want to make sure everything is fair and above board. A tenancy agreement is being put in place to protect both sides.
The rent is £3,000 per month, and the start date of the tenancy is the 20th of September.
The agreement states that I should pay one month’s rent (£3,000) in advance plus a £3,000 deposit.
Am I right in thinking that the rent for September should be pro-rated? Since the tenancy starts on the 20th, which is more or less halfway through the month, it doesn’t seem right to pay the full £3,000 for that period.
Calculation:
£3,000 ÷ 30 days = £100 per day
£100 × 11 days = £1,100
pro-rata rent for September would be £1,100
, plus the £3,000 deposit
is pro rata rent or the idea above used by estate agents / landlords in England?
Would really appreciate your thoughts—thank you!