One of Britain's largest lettings agencies says long-term tenancies - now being called for by politicians and tenants' groups - could be of benefit to landlords.
Belvoir, which has over 160 franchise offices across the country, says the advantages to landlords include reduced void periods, far less frequent 'tenant-find' fees if a property isn't fully managed, a strengthened relationship between landlord and tenant and reduced wear and tear during 'move ins' and 'move outs'.
The trend is already happening, says the agency. When Belvoir's Dorset office opened in 2004 the average tenancy was 19 months, but now it is 33 months. In Cheadle the local office's longest tenancy is nine years while in Aberdeen, where there is a large affluent professional rental sector because of the oil industry and thanks to two universities, the firm's longest tenancy is eight years
However the firm says there is a downside to the trend - a shortage of stock.
With less churn of tenants and longer tenancies, there is less available stock than in the past - just at a time when PRS demand is increasing in most parts of the country.
Longer tenancies have been advocated by tenants' groups because they offer long-term security and allow older family renters to send their children to local schools without the fear of frequent moves.