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AGM Minutes 2026 (pending Ratification)

ELA Office Team

22 May 2026

AGM & Expo Summary

Date: May 22nd, 2026 Time: 10.30, Location: The Space, Norwich


Attendance and Opening

  • Apologies for absence taken at the start.

  • Minutes of Last AGM:

    • Last AGM was held at Wensum Valley Hotel.

    • Minutes were available in members' welcome packs.

    • Vote to accept the previous year’s minutes: Passed unanimously.


Main Topics Discussed

1. State of the Rental Market and Legislative Changes

  • Renters Right Act:

    • Described as a radical and impactful new law affecting landlord operations.

    • Emphasised need for rigorous vetting and financial checks for tenants.

    • Landlords urged to adhere to professional standards to avoid significant fines.

    • Reinforced the importance of landlord associations (“ELA”) in navigating complexities.

    • Stressed the ELA is not-for-profit and run by volunteers; not focused on selling products/courses.

  • Selective Licensing

    • Reference to ongoing opposition to Great Yarmouth Borough Council’s selective licensing proposals:

      • ELA negotiated concessions:

        • Reduced fees.

        • Removal of landlords obligation to do 4 inspections a year and is now two.

        • Some form of licensing remains but less burdensome.

        • Ability to pay incrementally for portfolio holders.

    • Anticipated selective licensing expansion by Norwich City Council (now controlled by the Green Party).

    • ELA will continue to monitor and advocate on selective licensing issues for members.



  • Current Market Realities and Opportunities

    • Noted trend: Some landlords leaving the sector, creating opportunities for remaining/professional landlords.

    • Regional property shortage likely to increase rent prices.

    • High proportion of tenants cannot afford to buy, ensuring strong rental demand.

    • Advice: Well-located, well-maintained properties remain in demand; investment encouraged.

    • Personal anecdote: Speaker and spouse bought first buy-to-let 35 years ago at 15% interest rate—property remains continuously let.

    • Positive long-term outlook advocated—encouraged members to “ride out the storm.”

2. Financial Statements and Organisational Investment

  • Financial Results for Year Ending December 31, 2025:

    • £79,000 loss (majority attributed to revaluation of flats above office mainly an accounting item; storage unit deconsolidated and plans to expand back offices).

    • Significant capital expenditure on office refurbishment and rebranding (website, logo).

    • Office improvements have led to increased member engagement.

    • Transparency: Full accounts available to members upon request.

  • Cash Position and Strategy:

    • Organisation holds nearly £250,000 in cash reserves.

    • All office property and flats are owned outright.

    • Losses expected to continue in the short term due to planned investments and service expansion.

    • Firm commitment to careful use of reserves to enhance member services and expand influence.

    • Membership growth is a strategic focus going forward.

    • Emerging market opportunity: 6,000–8,000 landlords in Norfolk/Suffolk areas alone.

  • External Service Provision:

    • ELA now handling back-office functions for other landlord associations, e.g., “iHowz”.

    • Providing services (contracts, newsletters, websites, phone support) for a monthly fee.

    • Exploring further partnerships with Portsmouth, Devon, Cornwall, and other associations.

3. Votes and Organisational Decisions

  • Acceptance of Accounts:

    • Accounts presented as per packs; vote to accept accounts was unanimous.

  • Change of Accountants:

    • Proposed and approved switch from Lovewell Blake to Larking Gowen Vote was Unanimous

    • Larking Gowen expected to provide more dynamic, hands-on service; present at the expo.

  • Board Elections:

    • Directors up for (re-)election:

      • Phil Walters: Re-elected unanimously.

      • Oliver Wilkinson: Elected to join the board Unanimously

      • Chair (Paul Cunningham) Re-elected as director Unanimously.

    • Next Chair to be decided in board meeting in coming weeks.

4. Rebranding and National Expansion

  • Public Presence and Rebranding:

    • ELA’s increased engagement through local and national shows, including recent successes in Norwich and at Excel, London.

    • Feedback indicates strong recognition in the East but low visibility nationally.

  • Name Expansion:

    • Plan to run two websites:

      • Eastern Landlords Association (existing)

      • English Landlords Association (new, to cover all of England)

    • No plans to expand beyond England (excludes Wales and Scotland).

    • “Trading as” arrangement for the new name; no change to memorandum of association required at this stage.

5. Organisational Structure and Collaborative Initiatives

  • Team and Board Updates:

    • New staff: Cressie (from lettings agency background).

    • Existing team: Steve, Andy, Carol—longstanding, highly experienced.

    • Directors highlighted: Ollie (property industry knowledge), Trevor (maintenance and association support), Charlie Baker (mortgage broker, also speaking at event).

  • Voice of Landlords Associations (VOLA):

    • Formation of VOLA Ltd. to create a collective voice for landlords’ associations.

    • Six other associations involved to date; ELA is the largest participant.

    • Aim: Greater industry/media influence, coordinated action on legislative advocacy.

    • VOLA in early stages, with intention to grow prominence.

  • Inter-Association Partnerships and Potential Mergers:

    • Ongoing, friendly partnership with iHowz (back office/operational work).

    • Other associations (Devon, Cornwall, Portsmouth): Service collaborations considered.

    • Informal discussions about possible future mergers; currently no formal moves, but openness as leadership turnover occurs.

    • Emphasis on friendly, non-hostile collaboration; respect for local knowledge and presence.

6. Professionalisation and Member Support

  • Support with Regulatory Changes:

    • Strong message to members to update documentation/forms (e.g., new Section 13 rent increase forms, ASTs/APTs) to remain compliant.

    • Outdated documentation poses serious compliance risks.

    • Customised support for different rental scenarios—student lets, professional HMOs, “vanilla” buy-to-let, corporate lets, and lodgers.

    • Guidance offered for adjusting contracts to comply with new legislative requirements (e.g. Ground 4A in student let contracts).

    • Invited members to discuss their property portfolios and specialisms for targeted advice.

  • Membership Engagement & Growth:

    • Emphasis on expanding the member base to increase advocacy influence, particularly in light of new legislative challenges.

    • Acknowledged a “gap” in national landlord representation; ELA aims to fill this.

    • Noted importance of strong national voice and connections—partnerships with iHouse bring access to policy channels.

Action Items

  • Members:

    • Review and update all tenancy and legal paperwork; use only current documents/forms.

    • Reach out to ELA for up-to-date contracts and guidance.

    • Engage with ELA team and directors for specific property questions and sector challenges.

  • Board/Management:

    • Continue strategic investments (office expansion, staff, services).

    • Push for aggressive membership recruitment, particularly in Norfolk and Suffolk.

    • Expand back-office services for partner associations.

    • Boost VOLA presence and coordinate with other member organiations.

    • Finalise dual-website strategy and monitor results for potential structural changes.

    • Prepare for likely expansion of selective licensing in Norwich and other areas; keep members informed.


Follow-Up

  • Chair Appointment:

    • Board meeting in “a couple of weeks” post-AGM to select next Chair.

  • Availability:

    • Directors and ELA staff available for questions throughout today’s expo.

    • Offers of one-on-one follow up for financial accounts and deeper engagement.

  • Future Mergers/Partnerships:

    • Continue friendly dialogue with iHowz and other associations; remain open to further collaboration or future consolidation if mutually beneficial.

  • Ongoing VOLA Development:

    • Watch for updates as the Voice of Landlords Associations expands role and public profile.


Additional Notes

  • No change planned for Norwich office.

  • Questions about legal documentation and name changes clarified: Will operate dual branding, no fundamental constitutional changes at this time.

  • Contribution of longstanding directors and new staff celebrated.

  • Event adjourned with invitation to network, visit expo stands, and continue informal discussions.


End of Summary


 

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Eastern Landlords Association 

All rights reserved

Eastern Landlords Association is registered in England and Wales.

Company Registration Number: 03468194
Registered Address: 1 Sprowston Road, Norwich, NR3 4QL

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Eastern Landlords Association Limited is an introducer appointed representative of Advisory Insurance Brokers Limited which is authorised and regulated by the Financial Conduct Authority (firm reference number 313250), registered 2 Minster Court, London EC3R 7PD

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