9:00 AM, 19th October 2012, About 10 years ago
Peter Davis of Eastern Landlords Association has been in the post nearly three years as CEO of the regional membership landlord association, with more than 1200 members, supporting and advising residential landlords on all rental issues.
Peter previously spent five years as Buy-to Let mortgage consultant with The Money Centre, following a period working in finance in the motor trade, having returned from a few years working in Hong Kong
We asked Peter, what do you perceive to be the main challenges facing the PRS in the next 5 years?
The main challenges for the PRS will be keeping up with the changes in legislation, and meeting the challenges of the changes in social housing, as the market grows. Many landlords are not ready for an increase within their businesses for any rise in interest rates, or the effect on rent of Universal Credit, and other changes in the benefit system. Funding from the lenders must become more pragmatic with a realisation that the vast majority of landlords are business people with long term plans in a market that is very sustainable.
What opportunities do you envisage for the PRS in the next 5 years?
The growing rental market in general, and the contraction of the social sector leading to greater demand for the PRS. The continuing trend of people renting, not purely out of necessity, but also from choice. The opportunities to invest in a tangible asset, producing a long term return.
What do you see as the roll of the Eastern Landlords Association?
To continue to support and advise the residential landlord by means of our telephone helpline, newsletters, emails, meetings and forums. To provide our members with the necessary tools and services to run their business in an efficient, profitable and totally legal, and compliant manner. The ELA lobbies government, and works with local authorities in the private rented sector. It is run by landlords for landlords.
Working with “The GOOD Landlords Campaign“.
Will improve education for the private rented sector Landlord and standards of the sector through information.
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Previous ArticleRandall Taylor of Inchin Development and Letting Glasgow
Next ArticleHMO viewing appointments
|“Account”||means an account required to access and/or use certain areas and features of Our Site;|
|“Cookie”||means a small text file placed on your computer or device by Our Site when you visit certain parts of Our Site and/or when you use certain features of Our Site. Details of the Cookies used by Our Site are set out in section 13, below;|
|“Cookie Law”||means the relevant parts of the Privacy and Electronic Communications (EC Directive) Regulations 2003;|
|“personal data”||means any and all data that relates to an identifiable person who can be directly or indirectly identified from that data. In this case, it means personal data that you give to Us via Our Site. This definition shall, where applicable, incorporate the definitions provided in the EU Regulation 2016/679 – the General Data Protection Regulation (“GDPR”); and|
|“We/Us/Our”||Means Property118 Ltd , a limited company registered in England under company number 10295964, whose registered address is 1st Floor, Woburn House, 84 St Benedicts Street, Norwich, NR2 4AB.|
|Name of Cookie||Purpose||Strictly Necessary|
|JSESSIONID||Used only to collect performance data, with any identifiable data obfuscated||No|
|__cfduid||This cookie is strictly necessary for Cloudflare's security features and cannot be turned off.||Yes|
|Name of Cookie||First / Third Party||Provider||Purpose|
|__utma, __utmb, __utmc, __utmt, __utmz||First||Helps to understand how their visitors engage with our website|
|_fbp||First||Helps to understand how their visitors engage with our website|