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No, you must sign a new agency agreement with the PM of your choice. What is the current market like in the area? Is it easy to find a replacement for the tenant? What is the vacancy rate? Is the tenant paying market rent or will they pay more/less if they move (ie are they getting out for a...

You will probably be stuck with a tenant until the lease expires next year. Will the rent cover the mortgage? It depends upon how much you pay, yhe amount of the loan, interest rates and your deposit. Settlement will occur as per the contract eg 42 days. The property will become...