An initiative to bring in self-regulation of the property education sector has been launched, recognising that its reputation faces ‘major issues’ as more and more ‘get rich quick’ operators join the fray.

Called the Property Educators Accreditation Scheme or PEAS, it is backed by key members of the educator sector.

This includes John Howard, Mark Lloyd of Property Master Academy; Ranjan Bhattacharya of Succeed in Property and property consultant David Temple, all of whom have been through a rigorous and six-month long vetting process.

kirst roberts property educator

It also has the backing of evictions expert Paul Shamplina; Sean Hooker, Head of Redress at the PRS; Kirsty Roberts of Asset Academy (pictured), whose husband and Home under the Hammer TV presenter Martin is also a property educator; compliance consultant Julie Ford, David Sandeman of the Essential Information Group and David Smith of JMW Solicitors.

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PEAS is operated by the Property Investors Bureau headed up by Cyril Thomas (pictured), who also runs his own property management firm.

Enforcement

Thomas told a launch gathering at the offices of Hamilton Fraser (main pic) that the PEAS scheme is designed to help future students looking for a property educator to discover ‘the good guys’ who have signed up to be ethical and transparent, and that it will strike a balance between cooperation and enforcement.

 “Anyone looking for property education that sees the PEAS badge on training/marketing materials, can feel confident that the educator has been through a thorough and varied accreditation process and that they have a transparent money back guarantee amongst other things,” says Thomas.

Decent honest

john howard property educator

John Howards (pictured) says: “In my view the property education industry has been calling out for an organisation that distinguishes between the genuine decent honest property educators and others who will not be accepted into PEAS.”

Lloyds adds: “Our industry has been under scrutiny for a number of years and we believe this will help improve standards and transparency for those looking to invest in their property education.”

Tim Frome of the PRS, says: “We at the Property Redress Scheme are pleased to support PEAS as we share the same objective of increasing standards in the property industry and providing consumers with suitable redress if they have an issue with a provider of a service”.

For more information about PEAS or the Property Investors Bureau, email on info@pibuk.org or call on 01206 700 123.

5 COMMENTS

  1. Pushing PEAS around a plate is a boxing day activity to alleviate boredom not required for the rest of the year thanks.

    Just another of the many “Platforms” out there that want to put their grubby hands in your back pocket to grab your cash. Just like the pet’s lady last week!!!
    The phrase taking the PEAS comes to mind…

  2. So what expensive courses will we have to sign up to in order to become accredited?
    I’ve been letting properties very successfully for over 30 years and do not need to attend any courses thank you.
    It’s very simple – there are sufficient laws in place for the relevant authorities to go after, prosecute and close down the bad and rogue landlords. Use them and landlords will not have a problem of bad reputation. But of course that falls into the “too difficult” box for the authorities. Much easier for them to shirk their responsibility in this respect and keep imposing more and more regulations that the bad and rogue landlords continue to ignore.

  3. This initiative smacks more of self-interest than altruistic intent. Of course these people want compulsory education and accreditation. It will underpin their businesses and make them huge amounts of money. Dave and DJC above have got it spot on.

  4. Even with a rigorous enforcement regime in Tower Hamlets there are still many rogue LL.

    It is about time that there was a National LL licensing scheme.

    If you AREN’T licensed then you can’t let.

    Not a grey area.

    You are either legally letting or you AREN’T!

    All you need is a LL licence at say £100 every 5 years and the same for each letting property.

    Any LL letting and not licensed to be subject to a RRO.

    The PRS needs to stop pussyfooting around.
    Every LL should be licensed.

    It will cause millions of tenants to be made homeless.
    That is just tough.

    All LL should be licensed and legally compliant.

    But at least all letting properties will be forced to be legally compliant or they WON’T be able to be used for letting.

  5. Thanks for all of your comments. PEAS is actually a scheme to accredit property educators not landlords. PEAS is an acronym for Property Educators Accreditation Scheme.

    The scheme has ultimately developed to help better inform and protect property investors who invest in property education. You can find out more https://pibuk.org/property-educators-accreditation-scheme-peas or just give me a call on 01206 700 123. We are always happy to here from anyone interested.

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