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.
Mark Alexander - Founder of Property118
13:15 PM, 5th October 2013, About 11 years ago
Some information will be shared confidentially by email with paid up members only.
For obvious reasons we will not wish to publicise everything to the enemy! 🙂
Devon Landlords
13:29 PM, 5th October 2013, About 11 years ago
Reply to the comment left by "Mark Alexander" at "05/10/2013 - 11:27":
Hi Mark,
We got that same as letter as you - worded exactly the same, but from Holly OSullivan. This letter was dated 25th September and was a response to our initial complaint letter to them dated 23rd September (which wasn't done with your template as we did this letter before that was done). We then got our main two sided A4 response letter (again, from Holly OSullivan) a week later - dated 2nd October. This is the letter we talked about a few days ago on this Discussion Thread, in which they re-iterated Section 5 from T&Cs (interest rate can be varied to reflect market conditions, for efficiency and prudence, blah, blah) and then brought up the new threat about the Section 14 clause - repaying loan in full within one month. With this letter we were sent copies of our Acceptance Offers for both mortgages (signed by ourselves), a copy of their Terms & Conditions Booklet and a leaflet re. the Financial Ombudsman Service. So I think you will probably get a similar letter (if not the exact same one within a week or so!)......
Mark Alexander - Founder of Property118
13:45 PM, 5th October 2013, About 11 years ago
HELP!
Lots of new people are coming to the forum as a result of mentions in the mainstream media and via Google searches as we now rank of page one for several keywords and phrases which are being used by the press.
Many of these new visitors are not reading through all 300+ comments which is to be expected I suppose.
We are getting a lot of duplicate questions and whilst I am trying to answer them all I am getting very tired and need to take a break.
Therefore I am going offline (if I can resist the temptation) until Monday afternoon as I have meetings, I have meeting on Monday morning.
This is how you can help ....
If a new person asks a question which has already been asked and answered please politely refer them to the relevant pages of this discussion thread.
Thanks in advance for your support 🙂
.
jonney
18:13 PM, 5th October 2013, About 11 years ago
I received a response from the WB to my letter of complaint today. My main concern was that they were relying on a clause in a document that I had never been sent nor seen.
In their response they state 'having reviewed your mortgage application it has been noted that the terms and conditions were received, read and agreed to and you had completed a supplementary declaration. This confirmed that the Company has the right to vary the rates of interest and monthly payments in accordance with the terms of the Mortgage Condition'.
This has boosted my belief in that we can succeed in group litigation against them because in the docs they have sent me does nowhere state that I have received, read and agreed to the terms and conditions. This is plainly wrong and if they are relying on the fact that they can prove I have seen or agreed to any such conditions then they are in trouble.
The majority of people commenting on here seem to be saying that they never received these general terms and conditions that WB are now relying on to change the product that they sold us. This appears crucial because WB are arguing that we have received them - in my case at least this is wrong.
I now have another set of photocopying to do but with a smile on my face because their argument appears weaker than I thought.
Annette Stone
20:39 PM, 5th October 2013, About 11 years ago
Colin's comment about the accounts is quite interesting. a 60% buy to let exposure is quite high and their losses are not encouraging. In order to continue trading West Brom would have to have some considerable cash reserves which they build up from people saving with them. After the banking crisis these reserves were increased. I wonder if anyone can tell us what would happen If people withdrew their savings in disgust at what is going on and west broms reserves diminished. At what stage would they become unable to trade and what would happen to the mortgages. Anyone with less than £85K saved there would be covered by the Government's guarantee but I certainly would not keep any funds in a bank/building society who behaved like this as a point of principle.
Katy Coleshaw
22:05 PM, 5th October 2013, About 11 years ago
Reply to the comment left by "Annette Stone" at "05/10/2013 - 20:39":
Hi have read most of the comments here and seems you are all referring to the same mortgage product being affected lifetime tracker. May I enlighten you,my product was a BTL fixed at 5.5% for 5 years which reverted to a tracker in January 2013. I possess only 2 rental properties one of which is with WB and I have received the same letter, double whammy stuck in a fixed deal when rates plummeted and just when finally transfer to a competitive rate they do this! Typical bankers want it all ways. Thought they would have learnt by all the other mis selling scandals! Definitely signing up to your campaign.
Richard Adams
22:40 PM, 5th October 2013, About 11 years ago
Reply to the comment left by "Jon Bourne" at "05/10/2013 - 18:13":
Actually Jon quite a lot of us did receive the T&C's. A small A5 booklet and there was a reference to it in the WBBS mortgage offer letter.
It absolutely amazes me that in your case, and a few others saying likewise, that you never got the booklet or even any mention in small print anywhere about the interest rate hike bombshell?? If so then you are home and dry now. But it doesn't matter either way. With or without we'll all be OK in court.
Mark Alexander - Founder of Property118
23:23 PM, 5th October 2013, About 11 years ago
Hi Katy, sounds like you were on the same deal as me. Mine was a 5 year fix which I took in 2008, it only reverted to being a tracker a few months ago so like you say, it's been a double whammy for us. Triple whammy perhaps as my tracker rate is BBR plus 2.49% and will be BBR plus 4.49% as of December.
jonney
23:38 PM, 5th October 2013, About 11 years ago
Hi Richard
I'm not sure how relevant it is as to whether they did put their booklet in the envelope with the mortgage offer or not - I have many booklets of sneaky conditions from all the other lenders but never received one of theirs - it's a legal issue how either side proves it one way or another - if many say they didn't then I guess that doesn't hep WB.
Even if received I think one of the main arguments Is that how can one of the clauses in a general terms booklet overrule the actual name of the product or reversion rate that we bought into - ie lifetime base rate tracker/tracker for term. Again its down to the legal opinion - I/we need to wait for counsels' opinion.
Richard Adams
23:42 PM, 5th October 2013, About 11 years ago
Reply to the comment left by "Jon Bourne" at "05/10/2013 - 23:38":
Exactly Jon. Main job of counsel will be opining on this.
Look at Mark's post couple of days back. Gives the Latin name for law that basically says hiding stuff away in small print will not cut it for WBBS. Sleep easy.