Property118 Ltd understands that your privacy is important to you and that you care about how your personal data is used and shared online. We respect and value the privacy of everyone who visits this website, www.property118.com
(“Our Site”) and will only collect and use personal data in ways that are described here, and in a manner that is consistent with Our obligations and your rights under the law.
- Definitions and Interpretation
In this Policy the following terms shall have the following meanings:
||means an account required to access and/or use certain areas and features of Our Site;
||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;
||means the relevant parts of the Privacy and Electronic Communications (EC Directive) Regulations 2003;
||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
||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.
- Information About Us
- Our Site is owned and operated by 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.
- Our VAT number is 990 0332 34.
- Our Data Protection Officer is Neil Patterson, and can be contacted by email at firstname.lastname@example.org, by telephone on 01603 489118, or by post at 1st Floor, Woburn House, 84 St Benedicts Street, Norwich, NR2 4AB.
- What Does This Policy Cover?
- Your Rights
- As a data subject, you have the following rights under the GDPR, which this Policy and Our use of personal data have been designed to uphold:
- The right to be informed about Our collection and use of personal data;
- The right of access to the personal data We hold about you (see section 12);
- The right to rectification if any personal data We hold about you is inaccurate or incomplete (please contact Us using the details in section 14);
- The right to be forgotten – i.e. the right to ask Us to delete any personal data We hold about you (We only hold your personal data for a limited time, as explained in section 6 but if you would like Us to delete it sooner, please contact Us using the details in section 14);
- The right to restrict (i.e. prevent) the processing of your personal data;
- The right to data portability (obtaining a copy of your personal data to re-use with another service or organisation);
- The right to object to Us using your personal data for particular purposes; and
- If you have any cause for complaint about Our use of your personal data, please contact Us using the details provided in section 14 and We will do Our best to solve the problem for you. If We are unable to help, you also have the right to lodge a complaint with the UK’s supervisory authority, the Information Commissioner’s Office.
- For further information about your rights, please contact the Information Commissioner’s Office or your local Citizens Advice Bureau.
- What Data Do We Collect?
- Date of birth;
- Address and post code;
- Business/company name and trading status;
- Number of properties owned;
- Accountants details;
- Contact information such as email addresses and telephone numbers;
- Proof of residence and ID;
- Financial information such as income and tax status;
- Landlords insurance renewal dates;
- Property Portfolio details such as value and mortgage outstanding;
- How Do We Use Your Data?
- All personal data is processed and stored securely, for no longer than is necessary in light of the reason(s) for which it was first collected. We will comply with Our obligations and safeguard your rights under the GDPR at all times. For more details on security see section 7, below.
- Our use of your personal data will always have a lawful basis, either because it is necessary for our performance of a contract with you, because you have consented to our use of your personal data (e.g. by subscribing to emails), or because it is in our legitimate interests. Specifically, we may use your data for the following purposes:
- Providing and managing your access to Our Site;
- Supplying our products and or services to you (please note that We require your personal data in order to enter into a contract with you);
- Personalising and tailoring our products and or services for you;
- Replying to emails from you;
- Supplying you with emails that you have opted into (you may unsubscribe or opt-out at any time by the unsubscribe link at the bottom of all emails;
- Analysing your use of our site and gathering feedback to enable us to continually improve our site and your user experience;
- Provide information to our partner service and product suppliers at your request.
- With your permission and/or where permitted by law, We may also use your data for marketing purposes which may include contacting you by email and or telephone with information, news and offers on our products and or We will not, however, send you any unsolicited marketing or spam and will take all reasonable steps to ensure that We fully protect your rights and comply with Our obligations under the GDPR and the Privacy and Electronic Communications (EC Directive) Regulations 2003.
- You have the right to withdraw your consent to us using your personal data at any time, and to request that we delete it.
- We do not keep your personal data for any longer than is necessary in light of the reason(s) for which it was first collected. Data will therefore be retained for the following periods (or its retention will be determined on the following bases):
- Member profile information is collected with your consent and can be amended or deleted at any time by you;
- Anti-Money Laundering information and tax consultancy records are to be kept as required by law for up to seven years.
- How and Where Do We Store Your Data?
- We only keep your personal data for as long as We need to in order to use it as described above in section 6, and/or for as long as We have your permission to keep it.
- Some or all of your data may be stored outside of the European Economic Area (“the EEA”) (The EEA consists of all EU member states, plus Norway, Iceland, and Liechtenstein). You are deemed to accept and agree to this by using our site and submitting information to Us. If we do store data outside the EEA, we will take all reasonable steps to ensure that your data is treated as safely and securely as it would be within the UK and under the GDPR
- Data security is very important to Us, and to protect your data We have taken suitable measures to safeguard and secure data collected through Our Site.
- Do We Share Your Data?
- We may share your data with other partner companies in for the purpose of supplying products or services you have requested.
- We may sometimes contract with third parties to supply products and services to you on Our behalf. Where any of your data is required for such a purpose, We will take all reasonable steps to ensure that your data will be handled safely, securely, and in accordance with your rights, Our obligations, and the obligations of the third party under the law.
- We may compile statistics about the use of Our Site including data on traffic, usage patterns, user numbers, sales, and other information. All such data will be anonymised and will not include any personally identifying data, or any anonymised data that can be combined with other data and used to identify you. We may from time to time share such data with third parties such as prospective investors, affiliates, partners, and advertisers. Data will only be shared and used within the bounds of the law.
- In certain circumstances, We may be legally required to share certain data held by Us, which may include your personal data, for example, where We are involved in legal proceedings, where We are complying with legal requirements, a court order, or a governmental authority.
- What Happens If Our Business Changes Hands?
- How Can You Control Your Data?
- In addition to your rights under the GDPR, set out in section 4, we aim to give you strong controls on Our use of your data for direct marketing purposes including the ability to opt-out of receiving emails from Us which you may do by unsubscribing using the links provided in Our emails.
- Your Right to Withhold Information
- You may access certain areas of Our Site without providing any data at all. However, to use all features and functions available on Our Site you may be required to submit or allow for the collection of certain data.
- How Can You Access Your Data?
You have the right to ask for a copy of any of your personal data held by Us (where such data is held). Under the GDPR, no fee is payable and We will provide any and all information in response to your request free of charge. Please contact Us for more details at email@example.com, or using the contact details below in section 14.
- All Cookies used by and on Our Site are used in accordance with current Cookie Law.
- Before Cookies are placed on your computer or device, you will be shown a cookie prompt requesting your consent to set those Cookies. By giving your consent to the placing of Cookies you are enabling Us to provide the best possible experience and service to you. You may, if you wish, deny consent to the placing of Cookies; however certain features of Our Site may not function fully or as intended. You will be given the opportunity to allow only first party Cookies and block third party Cookies.
- Certain features of Our Site depend on Cookies to function. Cookie Law deems these Cookies to be “strictly necessary”. These Cookies are shown below in section 13.5. Your consent will not be sought to place these Cookies, but it is still important that you are aware of them. You may still block these Cookies by changing your internet browser’s settings as detailed below in section 13.9, but please be aware that Our Site may not work properly if you do so. We have taken great care to ensure that your privacy is not at risk by allowing them.
- The following first party Cookies may be placed on your computer or device:
|Name of Cookie
||Used only to collect performance data, with any identifiable data obfuscated
||This cookie is strictly necessary for Cloudflare's security features and cannot be turned off.
- Our Site uses analytics services provided by Google Analytics and Facebook. Website analytics refers to a set of tools used to collect and analyse anonymous usage information, enabling Us to better understand how Our Site is used. This, in turn, enables Us to improve Our Site and the products AND/OR services offered through it. You do not have to allow Us to use these Cookies, however whilst Our use of them does not pose any risk to your privacy or your safe use of Our Site, it does enable Us to continually improve Our Site, making it a better and more useful experience for you.
- The analytics service(s) used by Our Site use(s) Cookies to gather the required information.
- The analytics service(s) used by Our Site use(s) the following Cookies:
|Name of Cookie
||First / Third Party
|__utma, __utmb, __utmc, __utmt, __utmz
||Helps to understand how their visitors engage with our website
||Helps to understand how their visitors engage with our website
- In addition to the controls that We provide, you can choose to enable or disable Cookies in your internet browser. Most internet browsers also enable you to choose whether you wish to disable all cookies or only third party cookies. By default, most internet browsers accept Cookies but this can be changed. For further details, please consult the help menu in your internet browser or the documentation that came with your device.
- You can choose to delete Cookies on your computer or device at any time, however you may lose any information that enables you to access Our Site more quickly and efficiently including, but not limited to, login and personalisation settings.
- It is recommended that you keep your internet browser and operating system up-to-date and that you consult the help and guidance provided by the developer of your internet browser and manufacturer of your computer or device if you are unsure about adjusting your privacy settings.
- Contacting Us
18:22 PM, 26th April 2012, About 11 years ago
Of course FTBs can't expect to buy an average home. They should be aiming much lower down the ladder.
When was it ever easy for anyone to buy their first property? Many of us only managed it because we received an inheritance, life insurance, compensation or a big win.
4:47 AM, 27th April 2012, About 11 years ago
Actually no, most of us did it by working hard and saving and compromising social life.
Life is all about choices.
Want a property, live like a churchmouse and then in about 10 years you will have saved enough.
Trouble is people still want it all and I'm afraid the banks won't facilitate that anymore.
So simple choice work hard and SAVE and then you MIGHT be able to afford a very cheap property in not such a good area.
Forget going out and spending money.
Get used to the reality or start buying lottery tickets!
11:31 AM, 27th April 2012, About 11 years ago
things have changed a lot since I bought my first home ( a flat not an average house ) back in 1982. I saved like crazy with my wife to be to get a 10% deposit agreed it would have taken a lot longer for a bigger deposit but we would have done that , house as a multiple of income were cheaper but and this a big but interest rates were a lot higher it to service the loan seemed to take all our money even with the tax relief at the time I remember being really broke every thing we had was second hand no way could we afford a washing machine, but I guess back then you accepted that as after a few years of high inflation and wage rises to match things got better, we got paid weakly cash in hand so we never bought anything on plastic just the way it was back then. Roll fwd 30 years the housing market is all over the place does the average house price mean that much £166000 would not buy much of any thing in the London area which now days has spread to include what we used to call the suburbs. I get the impression its a different place to the rest of the uk. I moved from Hillingdon 23 years ago lived in the North west for 3 years loved it housing was good value there I now live in the Vale of Glamorgan love it here . I became an accidental landlord 23 years ago when I moved from Hillingdon when houses prices were crashing in the London area, I run a company that lets out houses, in this area it is possible to buy a very good family home for less than £100000 say around £90000 , dont believe me check it out on the internet I reckon a couple like we were 30 years ago could save a 15% deposit that in 18 months that gives a mortgage of £76500 which I feel at todays interest rates would be affordable. so to try and sum things up
30 years ago interest rates much higher but houses cheaper percentage of take home pay to service mortgage , I wish someone would work out and use that as a measure. Back then I feel we saved harder and did without more, but most of use had good secure jobs many in nationalised industries, now days things are not so secure and we move around more, back then we got married in our early twenties so wanted to buy a house sooner, So much has changed but I feel average house prices and cost of a house as a multiple of wage are not always good measures percentage of income to service loan may be another measure to start using. well that that off my chest hope hope some of it made sense.
20:46 PM, 29th April 2012, About 11 years ago
I think it will get easier for FTBs to get a home. As prices fall those who saved will have a chance. There will be a lot of distressed sales over the next few years with the mortgage rates going up.
2:18 AM, 30th April 2012, About 11 years ago
It doesn't matter whether a distressed sale or not FTB will still not be able to obtain the finance as the criteria has been substantially reduced.
Interest rates won't be going up or rather they might if banks increase their SVR's but the BBR won't change.
If borrowers can't afford things they will go on the social and have benefit pay the mortgage interest.
Plus the banks won't increase their rate as they know they would have massive defaulting which reduces the value of their loan book.
No things will remain the same.
Therefore a FTB must SAVE, SAVE, SAVE.
Prices won't go anywhere so it is a great chance for FTB to save a big deposit.
Problem is most won't, they will want to have a social life; well you can't have one of those if you want a house.
So no more latest ipads and iphones, have the free offerings like I do.
No more binge drinking
No more holidays.
No Sky subscription
For at least 5 years.
How many FTB are actually that determined and are willing to sacrifice their lives for the sake of a property.
Not many I shouldn't wonder!?
I wonder brit how much have you managed to save towards a possible property purchase?
10:49 AM, 30th April 2012, About 11 years ago
re "I wonder brit how much have you managed to save towards a possible property purchase?"
£60k and saving more. You can have a social life and save.
Mortgage rates will go up with the European collapse. The cost of borrowing will simply go up as it costs the banks more to borrow. The cost will have to be passed on.
House prices will continue to fall, the economics determine it.
12:13 PM, 30th April 2012, About 11 years ago
I remember it well. Beer or beans on toast for supper and interest rates in the teens when I first bought a flat. I sound like an old git every time I say it.
My neice has just bought her first home. She and her boyfriend lived with mum, saved like mad and have managed to buy a shared property. It's a first step. They are tickled pink and have every right to be chuffed how hard they have worked to get their dream.
12:29 PM, 5th March 2013, About 10 years ago
It's alright everyone saying work hard and save hard, I have been for 5 years whilst also paying £700 rent. When you haven't got family to go to and are doing this on your own then give people a chance. I don't want 'it all' I just want a home that I can call mine like most FTB's. give us a break before shouting your opinions
4:52 AM, 6th March 2013, About 10 years ago
Victoria; i bought my first house without ANY parental assistance.
I saved; saved, saved.
I made it by the skin of my teeth.
The first year I could not even afford £100 contents insurance..................................not that I had anything that was worth insuring!...............................got flooded out 2 weeks later and got £4000 from company who caused the flood with their duff plastic pipe.
Took 4 years but I got it all!!
Unless you are on a very good wage very few people can rent and save and certainly NOT rent; save and have a social life!!