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Written Statement of Variation

Hello, I rent out a house and one of the three family members wants to end her contract. They are family member and all contract holders are happy with the situation.

Can I just create a document detailing the changes (change of contract holder) or do I need to create a whole new Written statement? Thanks.

Starting balance £173,000 (Sept 2012) interest only so if we do nothing We will owe this at the end of the term😁😁
Balance as of Sept 2014 £165,803
Balance as of Feb 2015 £163,360
Balance end of July 2015 £159,050
Balance as of Jan 2017.... £138,033:j

Comments

  • silvercar
    silvercar Posts: 51,427
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    Ambassador

    make clear what happens to the deposit.

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