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Confirmation from the letting agent
Dodgysailor
Posts: 181 Forumite
Hi all,
We are in the proces of buying a house and we intend to rent out our current house to a friend of mine. The bank in which we have our current mortgage, RBS is asking us, in order to allow us letting out the house, to provide a letter from a letting agent that "there is reasonable level of demand for rental properties, and rental income of £800 per month".
I do not have the intention to let my house through a letting agency and I do not have a particularly good relationship witht the agency who is acting as intermediary in the new house purchase and I would like to avoid going to them. Would a contract of rental signed by my collegue be sufficient or is there a better way out of this?
We are in the proces of buying a house and we intend to rent out our current house to a friend of mine. The bank in which we have our current mortgage, RBS is asking us, in order to allow us letting out the house, to provide a letter from a letting agent that "there is reasonable level of demand for rental properties, and rental income of £800 per month".
I do not have the intention to let my house through a letting agency and I do not have a particularly good relationship witht the agency who is acting as intermediary in the new house purchase and I would like to avoid going to them. Would a contract of rental signed by my collegue be sufficient or is there a better way out of this?
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