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renting our property


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Hello,
we have been approached by an English couple already renting another house in our village now wanting another 6 month let. We are tempted to let them rent from us over the winter. I know about making an inventory etc.. But would we fall into the 3 year contact trap or could we make a sort of 'gentlemens agreement' with our own contract? Also, what would be a fair rent? We are in the final stages of our renovation, but it's lacking those finishing touches.
Any advice gratefully received.

thanks
HoJo
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>But would we fall into
>the 3 year contact trap
>or could we make a
>sort of 'gentlemens agreement' with
>our own contract?

The 2 parties may have significantly different views as to the qualities of a "gentleman" so my advice would be to keep it strictly business. From other threads on LF it seems rental contracts are loaded heavily in favour of the tenant but others have more expertise than I.

Also, what
>would be a fair rent?
>We are in the final
>stages of our renovation, but
>it's lacking those finishing touches.

Fair for whom ? I tend to associate "fair" with "below market". Suggest that you check the going rate locally and start at that.

John
http://www.iceni-it.co.uk
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