Tenants 'spending longer in homes'

AOL Money Staff
tenants
tenants

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.