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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- 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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- 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
11:50 AM, 8th December 2022, About 3 months ago
Nobody should be surprised that rents are being driven up at the moment; they are a direct result of government policy. And that's not just Westminster policy but labour policy in Wales, and SNP policy in Holyrood.
The policy of all the governments was to borrow and spend to fight Covid. That left us with an enormous debt. Pressures like that don't affect totalitarian nations like China and Russia; they can just lock their citizens up, pretend their vaccines work when they don't and suppress media coverage.
Vladimir Putin took advantage of that weakness and invaded Ukraine, knowing that EU countries were dependent upon Russian oil and gas, that the european economies were in debt, couldn't defend themselves and had neither fuel security nor food security. But it was our own governments that made us vulnerable to that invasion and the SNP and Labour were just as culpable as any of the other parties at Westminster. All of the parties had a colllective brain***t which exposed the deficiencies in all of their planning.
Whether it's Kyoto or Glasgow present policy on tackling climate change and present tax policy is fuelling rent inflation. Landlords have been targeted with a succession of punitive measures over the last decade, all of which are inflationary. A buy-to-let property with a 60-80% BTL mortgage isn't owned by a landlord; it is 60-80% owned by a bank with a landlord only owning 40-20% of it and taking almost all of the risk of investment; the banks take next to no risk. So inevitably hitting landlords via all the financial costs net of tax drives up rents for tenants.
Landlords need to be able to plan and know what tax policy is likely to be if they are to plan for such things as EPC improvements. The potential cost of these improvements is not thousands, but tens of thousands of pounds, all of which must be financed. But right now landlords do not have that information; uncertainty and risk are amongst the factors that fuel rent rises.
The next general election could happen in 2025; earlier if there's a crisis that brings the present government down. So policies being dreamed up by the parties now could well end up being paid for by tenants if they don't get to grip with tax, just as the rent increases we are seeing now are the result of decisions made years ago.
I wonder, as we approach the next general election, which parties have the wit to see this?
8:55 AM, 9th December 2022, About 3 months ago
Reply to the comment left by Beaver at 08/12/2022 - 11:50I’m not sure about a general election in 2025 as would be unusual for a new Government to go to the polls so early after being elected. (Our Parliaments are for max 5 years so there will definitely be an election in December 2024 at the latest).
And talking of totalitarian regimes locking citizens down you missed, mandating vaccines and media dishonesty you can also include Australia, Austria, Canada, France, Germany, Greece, USA etc. And the U.K. of course.
9:21 AM, 9th December 2022, About 3 months ago
Reply to the comment left by Dylan Morris at 09/12/2022 - 08:55You are correct: In the UK people were locked down. All the parties were complicit; in fact labour and the SNP wanted more locking down, not less. But there was never any possibility of any of them eradicating the virus and that was obvious from the beginning once we knew that it was a coronavirus and how widespread it was.
The vaccine programme was actually the only successful part of the UK management of the outbreak because the Pfizer Biontech and Oxford vaccines did actually reduce the risk of serious illness and death. But the collateral damage from locking the country down to people's lives, jobs and mental health was enormous; for some people their trip to the coffee shop is what saves them from loneliness.
Whilst all that was going on the government told people that they didn't have to pay their rent. And that of course is another reason why rents are going up now. A landlord with an 80% LTV buy-to-let mortgage owns 20% of the house. The bank owns the rest of it but the bank takes no risk. They always work out by how much house prices might crash and ensure that they can get their money back in a fire sale. All the risk is the landlord's.
And that's the point. Rent rises now are a direct consequence of government policy (Westminster, labour and SNP). When governments say "...you don't have to pay your rent yet.." or "...we are having a rent freeze.." what they do is kick the can down the road, just as they did with Covid. The effect of that is the rents go up higher later. The banks take no risk. Landlords on the other hand risk losing all their equity and in some cases their only source of income.
9:57 AM, 9th December 2022, About 3 months ago
“because the Pfizer Biontech and Oxford vaccines did actually reduce the risk of serious illness and death” ……..these experimental vaccines (gene therapies) were untested so there was no evidence whatsoever that they did this.
10:22 AM, 9th December 2022, About 3 months ago
Reply to the comment left by Dylan Morris at 09/12/2022 - 09:57
So the Pfizer Biontech vaccine isn't a gene therapy.
The Pfizer Biontech vaccine is a dose of pure RNA. Our genetic code (our genes) is made up of DNA. DNA is very stable, it has to be to pass our genetic code down the generations. RNA is the substance that cells use to read DNA; like taking an impression of it. And once the RNA has taken that impression the RNA makes a protein from the code it has read off the DNA.
The way that the Pfizer Biontech vaccine works is that it gives your body the code to make one of the spike proteins on the virus. And then the body reacts to the protein which it has just made; so it doesn't affect your genes at all. Although it does give you a sore arm.
The Oxford/Astra Xeneca vaccine is a modified chimp adenovirus. So it's a live virus and it can give you symptoms something like the common cold; but I know from experience that those symptoms are nothing like as bad as getting Covid. The way the virus is modified is to make the body make the same spike protein that we know will provide some protection if the body reacts to it.
So both the Pfizer and Astra-Xeneca vaccines worked to reduce the symptoms of disease and risk of death, and we know that they do. The Chinese vaccine never worked. But none of the vaccines will stop the spread of Covid. That's because the Covid virus, like the influenza virus, is made of RNA and it continuously mutates. And that's why it was obvious that they could never stop the spread of Covid right from the beginning of the outbreak. the best that they could do was to slow it down whilst they developed a vaccine to stop people dying.
11:05 AM, 9th December 2022, About 3 months ago
So have you been injected with it ?
14:32 PM, 9th December 2022, About 3 months ago
Reply to the comment left by Dylan Morris at 09/12/2022 - 11:05
Yes. I had the Astra xeneca vaccine. That did me no harm. Made me slightly sleepy for an evening. Other friends had symptoms like the common cold. That's no big surprise because that's what adenoviruses do.
I have also had the Pfizer Biontech vaccine. That made my arm sore for about 14 hours. Again, no big surprise.
And both vaccines were way better than having Covid (which I've also had).
15:20 PM, 9th December 2022, About 3 months ago
Reply to the comment left by Beaver at 09/12/2022 - 14:32
Best wishes for the future, good luck.
10:29 AM, 12th December 2022, About 3 months ago
According to Zoopla:
“Increasing investment in new rental supply from multiple sources is the main route to reducing rental growth and making for a more sustainable private rented sector.”
"It is important that policymakers encourage good landlords of all types and sizes to stay in the market and deliver much-needed supply."
"Only by increasing investment in the private rented sector can we ease the affordability pressures on renters in the medium term and make for a more sustainable rental market."
13:07 PM, 12th December 2022, About 3 months ago
Reply to the comment left by Beaver at 12/12/2022 - 10:29
Build-to-rent = hugely expensive boxes in the sky, concentrated in major cities. 5% coverage so far, 8% by 2030 so they've got a long way to go to make a significant impact.
For the rest of us, we have a huge roadblock in the form of Section 24, that completely misunderstood (by politicians that is) tax that deters the private landlord from investing in their own name.
Recent changes have made it more difficult to make the numbers add up within a corporate wrapper and with interest rates as they are, I can't see much movement there either.
Ireland is rapidly backpedaling on its "war on landlords" but too little, too late. I believe we'll be following in their footsteps.