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 email@example.com, 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 firstname.lastname@example.org, 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:
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||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:
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||First / Third Party
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||Helps to understand how their visitors engage with our website
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- 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
2:10 AM, 3rd February 2012, About 11 years ago
I am based in Milton Keynes and Harrow Council put an ad in our local paper a few months back advertising their services which I responded to. I had a very positive conversation with a member of staff there.The scheme is very appealing. They are certainly forward looking and were looking to place their residents up in MK where the LHA rates are lower than theirs. This far exceeds the imagination and level of service currently offered by MK council although there are tentative signs that my council is beginning to try and work more closely with the PRS and up its game. My e mail was actually answered within 24hrs recently rather than the 6 weeks or so it was taking on some matters!
For me this is definitely the way forward and I can envisage in time the councils and the PRS being very much in tune with each other in a symbiotic union which can only benefit councils, landlords and tenants alike. There is no reason with the resources they have at their disposal that they can not also manage the whole tenancy and maintenance. Economies of scale would be beneficial and bring peace of mind to all. I can see a rent and maintenance guarantee scheme evolving so an LHA landlord would have a fixed rate of return on their investment. This would encourage otherwise reluctant landlords to consider investing in the ex local authority estates and entering the LHA market with confidence. This would bring much needed extra housing into the system and enable councils to reduce their waiting lists considerably. I hope Harrows template is rolled out nationwide and extended and refined as it grows. This is the way forward and not before time.
3:22 AM, 3rd February 2012, About 11 years ago
Yes I totally agree with the strategy.
It could even encourage me to let to LHA claimants!!
Taking the risk of claims being rejected and then recovery from the LL is a big disincentive to take on LHA.
It looks like they are addressing these very issues; so I can see a reduced rent offer with a long term tenancy most likely would become extremely attractive to PRS LL.
Now where is that is that list of cheap ex-council property gone!!?
Mark Alexander - Founder of Property118
7:24 AM, 3rd February 2012, About 11 years ago
Well I know a man from Milton Keynes who purchased a big chunk of it there LOL
15:32 PM, 3rd February 2012, About 11 years ago
If only most mortgages did not prevent landlords agreeing to
anything over 1 year and also did not stop landlords renting to DSS, we could
be getting close to a solution that worked well for everyone.
17:47 PM, 3rd February 2012, About 11 years ago
Do you think to encourage supply the councils might offer to remortgage the LL's property with their own money but not have any restrictive clause in the mortgage as the mortgage t & C's would be drawn up by the council themselves.
That way they could guarantee a ready supply of PRS properties available for rent for long periods.
If the lenders won't supply products to assist renting to LHA claimants then councils will have to use their financial muscle to assist LL to rent to LHA claimants.
It could save a fortune for the council and they might be able to offer attractive rates to LL's providing they rent to the council.
These mortgages would be conditional on having to rent to the council.
Councils can lend at a cheaper rate but still make a profit out of the lending.
What would be the problem.
It would put a few lenders noses out of joint; but hey so what........!!!
They haven't done us any favours!
Mark Alexander - Founder of Property118
22:07 PM, 3rd February 2012, About 11 years ago
Where would the Councils get the money from to lend out though Paul? There are specialist commercial lenders out there that will fund these though.
0:37 AM, 4th February 2012, About 11 years ago
Isn't the issue that appears to be that lenders as Ian suggests do not alow LHA claimants to be tenants.
Therefore I was thinking that the lender of last resort who would not have such strictures for obviuous reasons.
Clearly if there are specialist lenders who will allow LHA tenants that needs to be made known to LL.
It seems from what Ian is saying ; and I have to say that is my experience as well that lenders won't allow LHA claimant as tenants.
If you know of any lenders that do allow LHA tenants I am sure that quite a few LL would be interested in knowing of them particularly in light of these council letting services.
Mark Alexander - Founder of Property118
8:45 AM, 4th February 2012, About 11 years ago
Finite criteria changes are happening all the time amongst all lenders Paul. They always seem to have a pot of money to test new things. When I was running The Money Centre I was always "in the know" about these things as a result of networking with their high level underwriters and Directors and through events like the CML and IMLA Dinner. I'm out of touch these days though and that's why I was so pleased to see GreyHairedMortgageBroker commenting on this site. I don't know his identity but based on his posts I suspect he is also still "in the know". When lenders want to test a new market the underwriters will be given a tranche of lending and discretion on how they use it by their Directors. They will in turn share that with their closest most trusted mortgage broker contacts on the strict understanding they will not publicise what's happening but that the brokers can share this with their most trusted and respected clients. It was relationships like these which kept the largest portfolio landlords coming back to The Money Centre. It's what I think GreyHairedMortgageBroker was eluding to in his posts I beleive. Let's hope he comes back to comment again.
9:45 AM, 7th February 2012, About 11 years ago
Well well well, so the authorities are taking management control of the letting market, does this particular department's office have a large red flag with a hammer and sickle on it flying from its roof ?