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
23:04 PM, 31st January 2023, About A year ago
Hello Jay
I sincerely wish you all the best in your quest for knowledge.
A good starting point would be for you to understand the ownership structures available to make property investors tax efficient.
You may not be ready quite yet to form a SmartCo structure, but understanding how they work might help your credibility when you are talking to potential investors into your business, JV partners or the people you are hoping to sell your packaged deals to.
A good starting point would be to download our FREE eBook - please see https://www.property118.com/ebook.
For more bespoke advice you may wish to book a Tax Planning Consultation with one of our specialist consultants - please see https://www.property118.com/tax/book-a-consultation/
The best advocates of the Property118 tax planning service are our existing clients and their professional advisers. I am pleased to report that hundreds of them have already signed up to our affiliate marketing program and earn referral fees for making successful introductions.
We have just introduced a monthly Newsletter called "Property118 Inner Circle" which shares best practice tips from our most successful Introducer Affiliates. Membership of the "Property118 Inner Circle" is available exclusively by invitation.
For more details about our Introducer Affiliate programme please see https://www.property118.com/tax/affiliates/
PS - as the Founder of Property118 I must remain impartial, which is why I have not recommended any potential mentors by name to you. What I can recommend though is that you visit https://pibuk.org/about
Mark Lloyd
6:47 AM, 1st February 2023, About A year ago
Hi Jay, more than happy to have a chat and see if we can assist. If you click the link that Mark posted above you will find me although, here is the direct link to my profile
https://pibuk.org/profile/property-investment-education/12009/Mark-Lloyd
Rupert Chapman
8:43 AM, 1st February 2023, About A year ago
Hi Jay
Seven years ago, I sold my company and looked for investment opportunities. As I knew property would feature strongly it was an easy decision to pay the very high cost of a training course on offer.
At first the course was eye opening as it quickly described strategies and opportunities that were alien to me. However, after the first three days, I think the key information was communicated and subsequent long weekends were repeating the messages and adding detail which I subsequently forgot. I probably didnt listen too intently due to repetition and resultant boredom. The large cohort of students were mixed in both financial ability and core skills. Reflecting on it now, I consider it was not possible to teach effectively to such a room of over 100, when some had no money and had added debt for the course fee to their credit card and others couldn't calculate a percentage.
I was slightly uneasy about the “fake it to make it” attitude of the organisation. It suggested to me you can only be successful if you bend the rules or deceive other stakeholders, such as lenders and HMRC. Lots of focus on clever tips and tricks and I had been round the block enough times to know that being too clever can bite you hard.
The trainers were a mixture of investors from differing backgrounds, but many of the support trainers, had little or no experience.
I did start my investments in joint ventures with some from the front of the room with one particularly successful jv relationship. It was later that I found out the first property we bought was her first property. She has gone on to be very successful, so I am proud to have been involved with her in the early days.
My worst ever deal, which I am spending a lot of time presently (6 years later) mopping up and trying to rescue to some form of success, was done in joint venture and far too hands off from my side. The jv partner was a main front of room trainer and was hailed as the expert in that strategy (lease options). He was crowned the King of lease options within the organisation. The experience taught me a lot about joint ventures, when they work and when they should be avoided.
I appreciate that many organisations teach that property investors can cut their teeth and grow capital through sourcing. Personally, I think to do sourcing well, you need to have considerable experience in property investment and it helps to have infrastructure to include support staff.
I would argue it is best suited to people retiring from active investment than those starting up.
One of the main points I would like to make is that on a course, you will rarely learn the information you required at the time you need it. By the time you are active in the strategy, the information is either forgotten or out of date.
With this in mind, I started a small but personal low cost investment members group called Unity. We group chat once an week and all learn from each other. I am humbled by the wealth of experience across the membership, but newcomers to the field are also involved. What I have found is that everyone is an expert in something and by sharing what we are doing at the time, members are receiving direction and guidance from the group and this is influencing decision making, choice of professionals and trades and in many cases not to pursue the deal they are keen on!
I am proud that numerous members can point to the influence of the group in saving upwards of tens of thousands of pounds on their ventures.
Anyhow whatever you choose to do, best of luck. I know Mark who has posted above and hold him and his organisation in high regard, though I have not experienced the training.
Neil Stewart
16:56 PM, 1st February 2023, About A year ago
Hi Jay
I would be happy to have a zoom video chat with you and explore the possibilities:
You can book in a zoom call with me at :
https://cleverpropertyinvesting.co.uk/contact-us/
Best Regards Neil
Henry Davis
11:55 AM, 4th February 2023, About A year ago
Check out:
The key to Property Investment - run by the National Residential Landlords Association.
https://www.nrla.org.uk/training-academy/finance-and-tax/the-key-to-property-investment
or
Property Refurbishment is also run by the NRLA.
https://www.nrla.org.uk/training-academy/compliance/property-refurbishment
Steve Hards
12:31 PM, 4th February 2023, About A year ago
Reply to the comment left by Rupert Chapman at 01/02/2023 - 08:43
Wise words, Rupert. I hope Jay pays attention to them.
Dan Brown
15:46 PM, 4th February 2023, About A year ago
Hi Jay,
I’ve been in property for about 5 years, full time for 3 and while I haven’t paid any big ticket prices for education I have joined many affordable groups that I’ve heard about through either recommendations or knowing the people involved. I’ve grown a portfolio from scratch with an average of 2 projects a year and plenty in the pipeline.
My top 2 at the moment are:
Unity, 90% online and run by Rupert Chapman who commented above. We meet once a week in Zoom to discuss and catch up on people’s successes, problems & just to discuss different aspects of property. Our members are made up of people who would like to get into property through to large developers with decades of experience. Discussions are started in the Zoom cafe and plenty are carried on outside of the group and sometimes in person. It’s an incredibly valuable resource.
Partners in Property (PIP)
Run by Sue Simms, Adam Lawrence & Rod Turner has a monthly all day F2F meeting in Bristol, Birmingham, Manchester & London and there’s a wealth of knowledge & experience in the room. The morning is made of up of quality presenters and the afternoon is round table mastermind sessions where we get to quiz the experts on anything that takes our fancy.
Surrounding yourself with people who’ve walked in your shoes then taken the plunge to work in property would be a great inspiration for you as it was for me.
Hope that helps.