Hi I hope you guys can help.
I am looking to move away from my job to purchase a property in a cheaper part of the country so that I can look after my aged parents. However, rather than change job I would prefer get a Mon-Thur let near my current job. I have to friends who rent a 3 bed house together who have offered to let me stay there.
My question is this – presuming the tenants got permission from their landlord to sub-let the 3rd bedroom, would I need to be in a legally binding agreement with my friends? Doing so would restrict the amount of mortgage I could recieve as I would have a legally binding financial commitment, so would like to avoid it if possible.
Thanks for any advice you can give