1. What is Prorated Rent?

Prorated rent is a calculation that determines the fair rental amount when a tenant occupies a property for only part of a month. It's commonly used when moving in or out mid-month in the UK rental market.

2. How Does the Calculator Work?

The calculator uses the prorated rent formula:

Where:

• Monthly Rent — The full monthly rental amount in GBP
• Days in Month — Total days in the specific month (typically 28-31)
• Days Occupied — Number of days the tenant will occupy the property

Explanation: The formula calculates the daily rent rate first, then multiplies it by the number of days the tenant will actually occupy the property.

3. Importance of Prorated Rent Calculation

Details: Accurate prorated rent calculation ensures fairness for both landlords and tenants when occupancy doesn't align with the standard rental period. It's particularly important for UK rentals where tenancy agreements often start and end on specific dates.

4. Using the Calculator

Tips: Enter the monthly rent in GBP, total days in the month (usually 30 or 31), and the number of days you'll occupy the property. All values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: Is prorated rent common in the UK?
A: Yes, prorated rent is standard practice in the UK when tenancies begin or end mid-month.

Q2: What's the typical days in month value to use?
A: Many UK landlords use 30 days for simplicity, but for precise calculations use the actual days in the specific month (28-31).

Q3: Does this include council tax and utilities?
A: No, this calculates rent only. Council tax and utilities may need separate proration.

Q4: When should prorated rent be paid?
A: Typically included in the first/last month's payment, depending on the tenancy agreement terms.

Q5: Is there a standard method required by UK law?
A: UK law doesn't specify a calculation method, but the formula shown is widely accepted as fair.