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:
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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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||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
Mark Alexander - Founder of Property118
13:06 PM, 1st September 2014, About 9 years ago
Good luck with this Sam and Lizzie. I admire your determination and positive approach to your dilemma and hope that one or more Property118 readers will be interested in doing a mutually beneficial deal with you.
I will send a test enquiry to you in a few minutes time to check the system is working properly 🙂
14:32 PM, 1st September 2014, About 9 years ago
There is hopefully a sensible solution to the issue, that allows the tenant and landlord to achieve a mutually beneficial outcome....However, to state that.... "We aren’t DSS, smokers or anything like that..."
Just the issue that there is a very professionally regulated sector that deals exclusively with "DSS" tenants. Some may be unemployed, or smoke cigarettes. Many are perhaps physically disabled, or infirm, elderly, former service personnel, adults with learning difficulties, the terminally ill..
Some properties within the market are privately owned, others are managed by well regulated trusts. Please don`t disparage the less well off, Thank you.
Mark Alexander - Founder of Property118
18:24 PM, 1st September 2014, About 9 years ago
I see that a couple of our readers have already been in touch.
I'm keeping my fingers crossed for you 🙂
If this works out we may have inadvertently discovered a potential new income stream for Property118 as I'm sure other tenants will find themselves in a similar predicament from time to time.
Please keep us updated on progress.
Renovate To let
17:01 PM, 2nd September 2014, About 9 years ago
One point, just because your landlord sells does not mean you have to leave. Your tenancy continues and would pass to the new owner intact - he would "step into the shoes of" your current guy.
Clearly the current landlord could serve a Section 21 notice on you and then proceed (after 2 months) to gain possession but there is nothing "automatic" that boots you out if he sells. This notice and subsequent possession process takes many months...
There will be a significant difference in the achieved selling price between the place being vacant (higher) and you being there (lower) as the number of potential buyers will be far less with a tenant in place.
As the owner is an investor and clearly intends to continue to be one, you could propose a sort of rent-to-buy direct with him.
We are shocked you are selling as we love it here and, as you know, we have been great tenants and have always paid, kept the place clean etc etc.
We would love to buy if from you but my masters course means we can't qualify for a mortgage for x years, even though we can easily afford one.
Can I ask how much you will actually get from the property after selling costs and after redeeming the mortgage? (this is the key point as it might be a LOT or it equally might not be very much at all, depending on how he has managed his lending). (He's told you this is his reason for sale - to use the equity elsewhere)
(assuming the amount of his "net equity" is doable for you) Would you consider us buying the place and exchanging contracts with you and pay out that "net equity" amount as the deposit and then you give us 5 years (or whatever) to complete rather than the usual 28 days? We would take over the monthly mortgage payments in the time between exchange and completion andand carry on with an AST so everything would be above board and would meet your buy-to-let mortgage terms. (he might want something over and above you paying his mortgage every month as his profit for letting you do this)
Solicitors understand this as delayed completion is widespread in the commercial world (and in the transfer of "tired" rented properties). Its a normal conveyance, with a longer completion. You would be granted a 12 month AST with the right to renew for the x years (subject to making the underlying mortgage payments).
You lock in a buy price now. He gets his equity out to buy the other place. He gets an easy sale with no refurb costs and no agent fees.
The risk to you is that you still fail MMR (or whatever follows it) in a few years time....however, the "exchange" can be made assignable so you could sell it on in that case (through an Estate Agent to another buyer) and may even make money if prices rise in the meantime versus the price you agree with the current owner.
If he's an experienced investor, he will (should) be interested. Equally he might "just want it sold" and therefore not.
Yes it's a bit complicated but it depends how much you REALLY want THIS house! After all, moving has lots of complications and costs too. There is a pack of paperwork needed but that's what solicitors are for.
17:23 PM, 2nd September 2014, About 9 years ago
Reply to the comment left by "Bill Khan" at "01/09/2014 - 14:32":
Sorry for not replying immediately - You are very right and apologies, I did not want to seem as if I was disparaging DSS renters.
The only reason why I brought it up is because it is usually mentioned in conversations when looking for a new landlord and is often the reason why individuals go looking for new landlords - Goes to show the sorry state of renting for the less well off.
The very best to those in the private sector doing such good work and to yourself, Bill.
17:34 PM, 2nd September 2014, About 9 years ago
Reply to the comment left by "Renovate To let" at "02/09/2014 - 17:01":
Hi Renovate To Let,
Thanks for your comment. That's very interesting - I may just propose that to the landlord right now!
I did mention the section 21 to the landlord, but he pointed out that in our contract (which is AST sadly) has a clause which says:
"Notwithstanding the fixed Term as stated in Clause 1 the Parties hereby agree that this Agreement may be terminated by the Landlord or his Agent giving to the Tenant at least two months’ prior notice in writing, such notice not to expire until after six months of the Term have elapsed. For the avoidance of doubt the Tenancy cannot be ended before 05/10/2014... At the end of such notice the Tenancy shall end and all obligations and responsibilities shall cease; subject nevertheless to any claim by either Party against the other in respect of any breach of any of the terms and conditions of the Agreement."
However, it still does not seem kosher to drag this out by ordering him to get a section 21. If we can't stay and are not wanted, then it's inevitable that we move - I'd personally rather leave willingingly than squat on legal technicalities...
I am completely convinced that why he's asking us to leave is due to the selling price of the flat - but as it's his place, it's his call!
Thanks for all your advice though, you've been very helpful.