Ending tenancy and rental payment

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A
Accidental llord
32 Posts
1 Thanks
Hi

My tenants pay their rent on the 1st of every month. They will move out on 27th January. How do I work out how much they owe me for the period 1st January to 27th January? Is there a formula I should use? If so, what is it?

Thanks

PS. If it helps, here's the context: They are ending their 12mnth AST early, but they gave me 60 days notice of their wish to end their tenancy on 27 Nov (this 60-day break clause was in their contract) so I worked out that they can leave on 27 Jan. I'm happy with that date - it's not a problem, but I just don't know the formula to work out how much they pay me for their January rent.
22/12/2014 16:24

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