Privacy Policy
BACKGROUND:
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.
Please read this Privacy Policy carefully and ensure that you understand it. Your acceptance of Our Privacy Policy is deemed to occur upon your first use of Our Site
. If you do not accept and agree with this Privacy Policy, you must stop using Our Site immediately.
- Definitions and Interpretation
In this Policy the following terms shall have the following meanings:
“Account” |
means an account required to access and/or use certain areas and features of Our Site; |
“Cookie” |
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; |
“Cookie Law” |
means the relevant parts of the Privacy and Electronic Communications (EC Directive) Regulations 2003; |
“personal data” |
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 |
“We/Us/Our” |
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 npatterson@property118.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?
This Privacy Policy applies only to your use of Our Site. Our Site may contain links to other websites. Please note that We have no control over how your data is collected, stored, or used by other websites and We advise you to check the privacy policies of any such websites before providing any data to them.
- 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?
Depending upon your use of Our Site, We may collect some or all of the following personal data (please also see section 13 on Our use of Cookies and similar technologies):
- Name;
- 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?
- We may, from time to time, expand or reduce Our business and this may involve the sale and/or the transfer of control of all or part of Our business. Any personal data that you have provided will, where it is relevant to any part of Our business that is being transferred, be transferred along with that part and the new owner or newly controlling party will, under the terms of this Privacy Policy, be permitted to use that data only for the same purposes for which it was originally collected by Us.
- 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.
- You may restrict Our use of Cookies. For more information, see section 13.
- 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 info@property118.com, or using the contact details below in section 14.
- Our Use of Cookies
- Our Site may place and access certain first party Cookies on your computer or device. First party Cookies are those placed directly by Us and are used only by Us. We use Cookies to facilitate and improve your experience of Our Site and to provide and improve Our products AND/OR We have carefully chosen these Cookies and have taken steps to ensure that your privacy and personal data is protected and respected at all times.
- 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 |
Purpose |
Strictly Necessary |
JSESSIONID |
Used only to collect performance data, with any identifiable data obfuscated |
No |
__cfduid |
This cookie is strictly necessary for Cloudflare's security features and cannot be turned off. |
Yes |
- 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 |
Provider |
Purpose |
__utma, __utmb, __utmc, __utmt, __utmz |
First |
Google |
Helps to understand how their visitors engage with our website |
_fbp |
First |
Facebook |
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
If you have any questions about Our Site or this Privacy Policy, please contact Us by email at info@property118.com, by telephone on 01603 489118, or by post at 1st Floor, Woburn House, 84 St Benedicts Street, Norwich, NR2 4AB. Please ensure that your query is clear, particularly if it is a request for information about the data We hold about you (as under section 12, above).
- Changes to Our Privacy Policy
We may change this Privacy Policy from time to time (for example, if the law changes). Any changes will be immediately posted on Our Site and you will be deemed to have accepted the terms of the Privacy Policy on your first use of Our Site following the alterations. We recommend that you check this page regularly to keep up-to-date.
Mo
13:15 PM, 14th November 2017, About 6 years ago
I have been a private landlord for over 15yrs and started off with a few properties owned in my sole name while working full-time, getting help from my wife and family members to keep up with the management of the properties etc. 2yrs ago my brother decided he wanted to get into property ladder and asked if we could work together and possibly buy more properties and build a portfolio together. We embarked on the journey despite the doom and gloom around the industry of section 24 and all the other tax changes coming in soon. I knew that we needed to plan ahead and get a clear picture of our tax position as we move forward. I had come across property118 on google and followed it for about a year and continually felt Mark was a genuine property person, always thought outside box and explained things in a jargon free, straightforward, honest and practical way compared to many other sites and forums I had come across. Before approaching Mark I initially paid and consulted with a few local so called professionals in property, but they either talked complete jargon and it went over my head or they just concluded to wait and see approach. I eventually decided Marks fee was worth paying and I took the plunge and booked my 1st consultation. Best payment to a professional person I have ever made! I have since taken his advise and decided on the Partnership route with my brother and wife. I have subsequently consulted with Mark on 2 further occasions to pick his brains. He is a lovely chap, with a great team around him with vast experience in the property industry. I would not hesitate to recommend his website or his consultation service. I wish Mark and his team continued success in every walk of life and cannot thank them enough for there help, advice and support to myself and many other landlords out there. I just need to find a way to present Mark with a bottle of bubbly, but I'm having difficulty while he is in Malta 🙂
Simon Close
19:34 PM, 10th November 2017, About 6 years ago
A client of mine (I’m a Chartered Accountant) and I consulted Mark as part of a S162 incorporation. He, in association with Mark Smith, his barrister colleague, dealt with the pre transaction clearance procedure, drafted the incorporation agreement, arranged finance and generally provided proactive assistance throughout the process. Whilst we were familiar with the incorporation process itself Mark’s assistance with the Beneficial Trust arrangements which enabled the transaction to proceed was invaluable. I have no hesitation in recommending him and look forward to doing business together again in the near future.
https://www.censis.co.uk/about-us/meet-the-team
MikeyB
22:34 PM, 7th November 2017, About 6 years ago
My wife and I own four BTL's as a partnership and were worried like most landlords here about the new tax rules. On Sunday I decided that it would be worth getting Mark's view so paid the £400 and uploaded all the info required. Mark replied first thing the next day stating that he simply couldn't recommend a more tax efficient structure for our property rental business and would refund the £400 (which he did 15 minutes later). We'd like to personally thank Mark for for his absolute honesty in fully honouring his refund policy.
Mirwais Searak
23:16 PM, 27th September 2017, About 7 years ago
I am a new landlord and as soon I started the purchase of my property the whole process started looking daunting as there were many obstacles that I had to overcome. Thankfully, a friend of mine referred me to Mark to guide me through the whole process. My tax was challenging on many fronts but in the first consultation Mark understood my problems and provided the solutions.
Mark and his team made the whole process so easy as if a weight was lifted off my shoulders.
The highlight of this process for me was a night at around 12ish when a tax related query would not let me fall asleep, so decided to drop an email to Mark to ask the question and put my mind at ease. I was expecting Mark to reply to me sometimes the next day but to my astonishment Mark replied after 5 minutes and assured me that the route he was advising would take care of my tax affairs and was in line with HMRC guidance. That gave me the confidence that Mark truly cared and took people's concerns seriously. I might have asked them hundreds of questions but Mark and his professional team have been more than happy to explain and ensure I understood the matter.
A big thank you for your help and keep up the hard work.
David Humphris
14:12 PM, 17th September 2017, About 7 years ago
It was with a certain amount of trepidation that I approached Mark for advice on the incorporation process. I felt duty bound to make him aware that this, for me, was far from a straight forward arrangement. For what in the past had seemed a sensible arrangement, I had included family members on the title deeds of various properties. Naturally these partners raised concerns but their questions ranged from highly technical, highly speculative, some totally irrelevant and some just plain stupid. All these questions were sent to Mark and to his credit he replied within hours with sensible informative answers. The breadth of his knowledge is truly impressive. It now transpires that most of these questions were just a smoke screen to their objection to the required changes. With all the information Mark has given I can proceed with adjustments to what otherwise would have been mission impossible.
H.
Lucy Elmes
15:45 PM, 14th September 2017, About 7 years ago
I am very glad I consulted Mark. My accountant had recommended a way forward to convert my business into a Ltd company but there were some major gaps meaning I didnt have a way forward. Mark has shown me exactly what to do and I am very excited that I now have a plan which will save me lots of money in the long run in tax .
Tim Britton
11:46 AM, 10th September 2017, About 7 years ago
With a portfolio of some 50 properties built up over more than 15 years of hard work, I had thought that the only solution to Section 24 was a rapid sell-off of most of our properties.
I am usually wary of paying for advice from ‘experts’ but having spent time recently reading much of Mark’s input to Property118 it is clear he is a genuine expert in his field.
I decided to sign up for his consultancy. The process was very professional with a detailed report on our specific situation followed by prompt answers and solutions to a lot of questions and problems I raised. He also pointed out a number of things that my current accountant wasn’t aware of.
I now have a good understanding of the partnership / incorporation process and am ready to move things forward.
Thanks Mark for all you help.
Yew Ngan
21:22 PM, 31st August 2017, About 7 years ago
With Section 24/Osborne Tax/Tenant Tax coming up and wreaking havoc with my (and other landlords') hard earned wealth, I decided to take the plunge and have a consultation with Mark Alexander. He was responsive and helpful, quickly grasping my situation and giving me solutions - just what I wanted! I threw lots of questions his way and Mark answered them without breaking a sweat. Mark really knows his stuff and his ability to see the big picture and join up the dots is what makes him stand out. Mark connected me to Mark Smith of Cotswold Barristers and we are in the process of implementing the suggested strategies. Great service, highly recommended for every serious landlord.
Shelley Kearney
10:55 AM, 10th August 2017, About 7 years ago
Hi Mark
I just wanted to update you about my progress with forming a partnership. Thanks to your advice and guidance I am just registering my partnership (with my life partner) with HMRC. I am delighted with the support I have had from Neil Barlow at Pacific Accountants and Mark Smith at Cotswold Barristers.
I had been daunted by the thought of the legal side but have been so impressed with the care and guidance I have had. Sometimes it is easier not to do anything for fear of doing something wrong - but I now feel I am moving forward and planning a stronger business.
A big thank you from me.
JB
11:48 AM, 4th August 2017, About 7 years ago
After a gruelling 3 year divorce I was left with 15 properties, 17 year old twins to support through University and the prospect of Section 24 on the horizon.
I had read about Mark Alexander's spectacular success in fighting West Brom and winning £27 million in repayments to landlords who had been overcharged. It was a truly magnificent result and benefited every landlord in the country who has a tracker mortgage.
I knew I needed help to restructure so decided to invest in a consultation with Mark. This was an excellent decision. Mark grasped my situation quickly, knew what questions to ask and is knowledgeable on the landlords ultimate trinity of property, finance and law.
My twins are now 18 and I have formed a partnership with them. I can choose how much profit to allocate to them to utilise their zero/basic rate tax band and keep myself in the basic rate tax band. In 3 years time I will be able to incorporate the partnership WITHOUT needing to refinance, WITHOUT paying SDLT and WITHOUT paying CGT. Magic!
In addition to this, the properties will be taken into the company at market value so if I want to sell any of them at that stage I can do so without any CGT.
There are also substantial IHT benefits to be had - which I am still getting my head round!
Mark is a genius and fortunately for us he's willing to share his ability and knowledge and for that I am very grateful to him.