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.
Chris Clare
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Sign Up10:43 AM, 20th January 2017, About 8 years ago
Reply to the comment left by "John Constant" at "20/01/2017 - 09:40":
I completely agree John you have an obligation to be honest with the lender but without an adequate green card for the US he is going nowhere so there is little point in saying anything in that regard until it is fact. Moreover he is only obligated to answer what he is asked.
I have always wanted to jump out of a plane but until I do, I haven't.
Hercules Botha
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Sign Up11:24 AM, 20th January 2017, About 8 years ago
I would mention everything. The fact that you are moving to America is one of the reason lenders would agree the consent to let. It is a valid reason. Same as for people who have found work away from home or go travel. If say you want consent to let and then tell them you are moving to mom and dad's you'll have a much harder time justify it.
Freda Blogs
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Sign Up12:35 PM, 20th January 2017, About 8 years ago
I think you will also find that your insurance is invalid if you do not have the proper paperwork/mortgage product in place.
Luke P
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Sign Up13:37 PM, 20th January 2017, About 8 years ago
What are your plans for the property once state-side...to sell?
The proper advice would be to be upfront and honest, but for the time being I would keep quiet. You've not long bought and as long as you pay the mortgage, you should be sweet. Get proper insurance and try to find a buyer so you can be rid of this mess.
Jim Duggan
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Sign Up19:49 PM, 20th January 2017, About 8 years ago
Reply to the comment left by "John Constant" at "20/01/2017 - 09:07":
Hi John, thanks for your reply. Im not living in it cos Im 'trapped' in the USA.
I decided to marry once I was there. And now I cant leave till the paperwork's done.
Thats why I arranged to rent it while I was here.
Jim Duggan
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Sign Up19:59 PM, 20th January 2017, About 8 years ago
Reply to the comment left by "Hercules Botha" at "20/01/2017 - 11:24":
Hi Hercules, yes that was my thinking too. The only reason I think they might give me consent to let is the fact that Im marooned in the States. Im literally stuck in America until my Green Card goes through. And I had no idea on the whole consent to let thing in the first place. I think if I dont mention this US detail then my chances of getting consent to let are slim to none.
Luke, how do you mean get proper insurance?
I just bought. Its share of freehold. But Im still waiting for my application to go through the land registry. I have building insurance only.
Thanks
d
Graham Bowcock
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Sign Up20:14 PM, 20th January 2017, About 8 years ago
Dear D
There is some conflict in the responses but you need to be very careful as to how you proceed. It is absolutely correct that you must tell your mortgage company; if they find out they will be far less charitable than if you tell them now. A mortgage is a legal agreement and you appear to be already in breach of it. I wonder if your agent failed to explain things to you! It is in my firm's terms of business that the landlord must have lender's consent. If you didn't an agent how have you sorted all the compliance paperwork (something a lender will be looking at)?
A couple of people have said you need to tell your insurance company and this is also very true. If there is a claimable incident you may not be insured. Insurance for let houses is not necessarily very expensive but cover is specific.
Finally, have you got into the Non-Resident Landlord scheme (NRL) so as to avoid tax issues with your tenant (or agent). You need to go on line to sort this is you have not already done so. This is equally as important as sorting the mortgage and insurance.
I think that your argument that this is not a money making exercise is weak and the relevant bodies will not take this into consideration. You need to be as compliant as any professional landlord. If you are in the US you may be better getting somebody in the UK to help you.
Graham
Jim Duggan
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Sign Up20:28 PM, 20th January 2017, About 8 years ago
Reply to the comment left by "Graham Bowcock" at "20/01/2017 - 20:14":
Hi, thanks Graham (and everyone else)
While I appreciate the rights and wrongs and moral implications. I know in my heart that Ive not done this to screw anyone or make money. I simply need to be able to pay my mortgage. Its that simple. In the US I have no job currently so Im living off my savings. And supporting a new wife and 3 year old child in the process.
For these reasons, I think Im willing to leave my morals at the door for now.
So long as I keep paying the mortgage repayments, how likely is it for them to find out?
Be great if you guys could advise me on this, while parking your moral attitudes if possible.
Additionally, if I may be so bold as to ask what I can do to potentially lower the chances of them discovering that Im no longer resident?
Also, what do I need to do with my insurance exactly? Its not contents Im insuring, just the building. And its shared between my fellow freeholder.
Finally, what is the Non-Resident Landlord scheme (NRL) you mention?
Apologies but as you can see, I know nothing about these things. I simply bought a house and then unfortunately fell in love:)
ilc72
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Sign Up21:12 PM, 20th January 2017, About 8 years ago
Reply to the comment left by "Jim Duggan" at "20/01/2017 - 20:28":
Generally Woolwich will grant CTL after six months, usually to the end of the fixed rate or term of mortgage product.
I have had a similar dilemma in the past, so waited for the six-month period and then applied.
At the time it was also an 85% mortgage, but they refused the request to convert to Interest Only.
All of this was without the US issue though!
It was converted to an Interest Only BTL once the remaining 30 months of the fixed rate agreement expired.
Two things concern me about your case...
Firstly if the rent barely covers the mortgage, what will you do if you have a rental void? Have you got savings to cover the costs?
Are you using an Agent? It'll be virtually impossible without one! Again that'll eat into the income.
Also if you're going to be in the US don't forget about the IRS, their equivalent of HMRC, you need to be VERY careful of tax issues!
When I relocated to the US, I was on an ex-pat relocation agreement, my employer sorted it out, as it was a significant cost for dual filing tax returns in two countries. About £1,500 per year in 2001!
If you intend staying in the US everything to me points to selling up! Ask yourself why you're holding onto the property, be honest with yourself? It seems strange that you want to hold on despite the whirlwind romance, perhaps an insurance policy?
PS My last whirlwind romance and marriage ended up with a very expensive divorce. Hope you're more lucky!
Jim Duggan
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Sign Up22:26 PM, 20th January 2017, About 8 years ago
Reply to the comment left by "Ian Clifford" at "20/01/2017 - 21:12":
Thanks Ian!
If they refuse my request I simply wont be able to pay my mortgage.
I will be paying rent in the US and the other costs from my savings. And will not be able to make mortgage payments. So it would not be very charitable, nor smart of them to refuse.
If they refuse, I guess my only option will be to sell up. It's just I wanted to hold onto this property as an investment. I never planned to leave. it was my first house. But now I'm going to live in the US if Im gonna make this marriage work.
Would you tell them and risk this situation. Or keep quiet and hope nothing happens. Im sure there are millions of people who do that without problems.
But if theres something I could do to lessen the chances that would be great.
All I want to do is be able to keep paying my mortgage. And this is the only way I can see of way of achieving it,