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    Understanding PCM Rent Terms

    myurbanjungle.com/explore/blog/what-does-pcm-mean-rent/

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    What is PCM
    • PCM stands for per calendar month in rental agreements
    • PCM means rent payment frequency and amount
    • London PCM rent averages around £1,750 according to GOV.UK
    Key Components
    • Tenancy agreement specifies rent amount and payment details
    • PCM can cover rooms, houses, flats, garages, and office spaces
    • Rent due date is typically set for each month
    • Direct debit recommended for automatic payments
    PW vs PCM
    • PW means per week, common for short-term tenants
    • PW payments occur on fixed weekly basis
    • Both systems affect notice periods for moving
    Advantages and Disadvantages
    • PCM payments usually use same day of month
    • Direct debit simplifies payment management
    • PCM rent is an investment with no return
    • Additional costs like council tax may not be included

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