Rights for rentees vs landlords

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      We’ve recently bought 2 flats, registered together as one, but on separate floors one above the other, in a type of duplex arrangement (with separate doors). We plan to rent one, on a temporary basis to a colleague (a fellow teacher) and her partner.  Is this legal and can we do this without a formal contract, as I understand that if we did it through an estate agent, the minimum time period would be 1 year, while they will only rent for @3-6 months?  Also, if for any reason, they decided they wanted to stay, and we didn’t want them to, what rights would they have and how difficult would it be to get them to leave? (We’ve had problems with this in the UK before)

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