Tenants 'spending longer in homes'

Private tenants are typically renting their homes for the record duration of 19 months, lettings agents have said.

The average length of a tenancy has risen by 17% in two years, from 16 months and two weeks at the end of 2009 to around 19 months and a week by the end of 2011, the Association of Residential Letting Agents (Arla) said.