Calculating rent to be refunded at the end of a tenancy
Hi, I have a tenant who has text me on 22nd May 2017 to advise he will be moving out on the 22nd June 2017. He pays £425 pcm payable on the 9th of each month. I believe he should pay the full rent due on the 9th June and I should then refund his rent for 16 days @£13.97 per day from 22nd June to 9th July. I have calculated the daily rate as follows £425 x 12/365 = £13.97 per day and the number of days to be refunded starting the day after move out 23rd June to the day before next payment date due 8th July. Is this all correct please?
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