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
10:01 AM, 6th August 2018, About 5 years ago
Hammond’s job is raising more money whilst not losing voters to Corbyn.
Few landlords are going to vote for Corbyn
Plus will encourage first time homeowners presently socialist but who may well vote Tory once they join the homeowning classes. Very unfair on landlords who do a great job but may well happen
Mark Alexander - Founder of Property118
10:13 AM, 6th August 2018, About 5 years ago
An article in The Telegraph this weekend reported as follows:-
Philip Hammond has been warned against hiking levies on buy-to-let properties over fears the move would result in lower revenues for the Treasury.
Two former Conservative cabinet ministers criticised reported plans for an increase in the government levy charged on buy-to-let purchases, which are said to be under consideration for the autumn Budget.
John Redwood, the former trade secretary said: “There is no need to increase taxes and if you carry on increasing them you'll collect less money from people, which is the opposite of what we want to achieve.”
“The answer for the Treasury is cut stamp duty and you’ll raise more money.”
Figures published this week show 11 per cent smaller stamp duty revenues in the second quarter of 2018, compared to this time last year.
The Treasury plans will be billed as an attempt to ease Britain’s housing shortage, by targeting house prices driven up by second home buyers, according to a report in The Sun.
But Lord Lilley, the former social security secretary, told The Telegraph: “The only two ways to get house prices down are to build more houses or to prevent people buying them, by putting taxes on them.”
“They’ve opted for the second one. But we just need to build more houses. We’ve let 4 million extra people into the country and we haven’t built enough houses for the people who are already here,” he said.
11:28 AM, 6th August 2018, About 5 years ago
11:43 AM, 6th August 2018, About 5 years ago
Fewer properties available for renting means rents will rise and landlords will be able to select those they rent to. The less well off will be the losers. This gov cannot see that effectively they are taxing the poor! Build more social housing and leave the PRS alone.
13:02 PM, 6th August 2018, About 5 years ago
This increasing tax on landlords so annoys me. Over the years I have worked extremely hard to build my portfolio. I live in a fishing/sea faring area and a lot of people who are at sea pay no taxes at all - they can be on land most of the year but as long as they are out at sea on a specific anniversary date then they pay no taxes for that year. Anybody in the merchant navy can do this as well and I know someone who works one week a month at sea and earns over £60,000 but pays no tax on that and he can also work for a separate company in the UK doing a second job and still earn £10,000 and use that as his tax allowance thereby in effect not paying any tax at all on £70,000! If the government want to raise more money why don't they start by rewriting the rules on seafarers.
13:40 PM, 6th August 2018, About 5 years ago
Reply to the comment left by Paul1000 at 06/08/2018 - 10:01
Sounds a bit like deja vu. Help first time buyers to buy houses they can't really afford. Rate increase and they fall into arrears, but there's no one left to buy the houses. We don't want to pay extra stamp duty or the prices that the FTBs paid and big companies want "luxury"apartments, not semis and terraces. Govt panic - reduce borrowing ability and blame lenders.
Old Mrs Landlord
14:53 PM, 6th August 2018, About 5 years ago
Reply to the comment left by Kathy Evans at 06/08/2018 - 13:40Yes, Kathy, that's how I see this playing out if the second home SDLT premium is increased further. Landlords were already paying ten times as much SDLT on a £150,000 property as a first time buyer before FTBs were exempted recently. Even higher rates will mean they are unlikely to buy from landlords who must sell to avoid bankruptcy when S.24 fully takes effect. To salvage anything from their investment and years of work those landlords will be obliged to drop prices. Valuers/lenders downvalue properties in a falling market so first time buyers, already severely restricted by PRA rules to the extent that they are often deemed to be unable to afford mortgage payments well below what they are paying in rent, will be unable to take advantage of the lower asking prices. So the only buyers are likely to be the few first-timers left a large legacy or big, incorporated landlords. Maybe we'll have more local monopoly landlords like in Ashford, Kent. The whole residential market will be screwed with second-steppers who need to move up to a bigger place stuck in one-bed flats or starter homes and heaven help those whose Help to Buy loans become repayable.
7:59 AM, 7th August 2018, About 5 years ago
Abolish stamp duty!
What is bad for landlords is bad for tenants. While we have a provider -client relationship, our interests are not at odds. What is good for landlords is usually good for tenants and vice versa.
This is often misunderstood by the tenants and public more generally.
9:48 AM, 7th August 2018, About 5 years ago
I am not sure how many people have signed the petition that Mark initiated but I read the other day that there are now 2.5 million landlords in the UK. I hope this kind of reporting in the press will help landlords realise that things can actually get worse whether the Tories remain in control or Labour takeover.
My question is why are so few landlords responding to these initiatives? Is this a sign of capitulation? Have the majority of us given up?
When the legal challenge to cl 24 was raised after the 2015 finance act I was struck by the low percentage of people who responded to the funding.
I would also say I am disappointed by the Landlord Associations lack of influence when lobbying Government. I am thinking about whether to cancel my subscription in the new year.
How do we get more Landlords to vote for themselves?
Mark Alexander - Founder of Property118
9:57 AM, 7th August 2018, About 5 years ago
Reply to the comment left by Christopher Marsden at 07/08/2018 - 09:48
I know exactly how you feel Chris.
Other forums and the Landlords Associations are not even promoting the petition. I can only assume this is down to petty politics and rivalries being put ahead of the bigger picture.
Sometimes I despair!