The government has made it harder for buyers to purchase homes especially for first time home buyers. With the new changes in the October 17th mortgage rules, you will see an increase in leases. For those who are unsure what you would need to rent, here is a list of items required.
What do you need for a lease?
- Credit Report
- Employee Letter
- References
- Certified Cheque for 1st and last month rent
- Your commitment for at least 1 year =)
If you would like to have more information about renting, feel free to contact me at michael@michaeljlau.com