House rental contract?

I am moving to cornwall as a job opportunity has come up, but need to move by the end of august. I was in a 6 month contract with the letting agency but the contract was up for renewal march just gone and i havnt renewed it. The contract stated if i wanted to leave id have to pay £100 plus rent untill a new tennant was found (is this legal?) As currently im not in a contract does that mean i can just pay whats owed for that month with no issues and get my deposit back?

thanks

jon

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