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.
Cider Drinker
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Sign Up7:15 AM, 19th September 2024, About 2 months ago
I’m selling mine to FTBers from local families. Doing so has exactly the same impact on homelessness as selling to the LA.
By selling to locals, I get some say in who is not homeless.
Reluctant Landlord
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Sign Up8:42 AM, 19th September 2024, About 2 months ago
with rising GCT on the horizon, selling to a LA is even less attractive that it already is if they are only offering below market rate. Probably better to gain possession and be in control of your own destiny and sell when you want and to who you choose.
Jo Westlake
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Sign Up10:00 AM, 19th September 2024, About 2 months ago
It depends how much below market price they are offering and how that market price is determined. Recent sale prices of similar properties is probably more accurate than any figure an estate agent suggests.
If the amount below equates to the equivalent of estate agents fees and maybe 3 months rent it's probably a deal worth considering. We need to remember whatever the discount is comes off the chunk that is liable for CGT, so we're only actually losing 72% of the price cut.
As a method of offloading some properties without needing to evict tenants I'm in favour of this type of scheme. However, I can't quite see how it helps with the housing crisis if the existing tenant remains in the same house. Or if the Council then feels obliged to charge Social rent instead of the market rent the tenant has been paying.
Reluctant Landlord
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Sign Up10:52 AM, 19th September 2024, About 2 months ago
Reply to the comment left by Jo Westlake at 19/09/2024 - 10:00
if the council then only charges social rent, it makes no sense for the LA to offer to buy the property in the first place (seriously at market rate???) just to maintain the tenancy. In fact I doubt if the tenants had the rent dropped they would probably never move, so the idea that this would help homelessness is incorrect as T in situ is never 'homeless' to start with.
The other issue is maintenance of the property and also actually being a LL. Councils can't cope with either commitment as it is. Inevitably this will just mean lower rental standards for T's in such properties...
DPT
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Sign Up10:57 AM, 19th September 2024, About 2 months ago
No doubt the Councils will want to pay similar prices for an encumbered property as other investors, ie about 80% of market value. Those offers may also start to reduce once ghe RRB starts restricting landlords other options to sell.
LaLo
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Sign Up11:05 AM, 19th September 2024, About 2 months ago
Where is their money coming from? I thought councils are broke!
Robert M
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Sign Up12:13 PM, 19th September 2024, About 2 months ago
We are a not-for-profit provider of supported housing. We lease properties from private landlords. When one of our landlords needed to sell their property at the end of our lease term they decided to sell to the Council.
We were required by the council to evict 4 residents from the property we leased, so that the council could buy the property from the owner with vacant possession.
We did ask the council to buy with the residents in situ, but they would not do this.
We asked if they would buy, and re-lease lease to us so that we could keep the residents housed and supported, but the council would not do this.
We did ask the council to rehouse our four residents, as it was the council that was requiring them to be evicted, but the council initially said they would, but then reneged on this and failed to house them.
We were left with no choice but to evict our four residents, effectively at the council's insistence (as they would only complete the purchase once the property was vacant).
At the last moment we did manage to rehouse one of the four residents, but the other three became street homeless (rough sleepers), as the council refused to even provide emergency accommodation for them.
The council now own that property, and I believe it has stood vacant ever since (from March 2023).
richard fuller
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Sign Up17:42 PM, 19th September 2024, About 2 months ago
14 rate rises section 24 losing10 k monthly and it’s my fault
Mick Roberts
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Sign Up19:11 PM, 19th September 2024, About 2 months ago
I discussed this with Nottingham MP Alex Norris about 5 years ago. We both agreed Nottingham Council should start doing this with tenants in. To get them some houses back. I'd discount em 10k or 5 to 10% if they promised new tenancy keep tenants in for 5 to 10 years. They get houses back, I get time back. Tenants get to keep their homes.
Here is draft I started to send to Council and Housing Associations.
Mick Roberts
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Sign Up19:12 PM, 19th September 2024, About 2 months ago
Dear Longhurst,
Are you looking to buy good houses with good long term tenants in, many been there over 20 years, who wish to stop in their homes, with latest combi boiler, UPVC, decent kitchens & bathrooms etc.? All in decent areas, no bad troubled areas.
I note u have several houses for rent around my area.
I’m Biggest Benefit Landlord in Nottingham & had enough of all the retrospective changes/regs/rules, which we know ends up hurting tenants with extortionate rents & reduced supply.
I wish to sell a lot of my houses with long term tenants in of 24 years/20 years/15 years etc.
All good tenants. I unfortunately had to evict the really bad ones when Selective Licensing came in, in Aug 2018.
I’d give a 10% 14kish discount if you can give assurances ie. new 1+ year tenancy etc. to keep existing tenants in.
I have many offers/Landlords offering to buy the whole portfolio or single houses, but I don’t trust them to not increase the rent largely & if tenant can’t afford, don’t trust them to not evict the tenants after a short while. And even some of my Landlord mates who wish to buy, they don’t do repairs quick enough & my long term tenants whom I loyal to, will think I’ve crapped on them.
I know I could evict myself & sell, but I can’t do this on good tenants that have done nothing wrong. I am however talking to them saying I can’t carry on with all these retrospective regs as I get older ie. I go prison if they take battery out smoke alarm.
My initial plan 24 years ago was to sell as tenants moved out, but as you are aware, tenants can’t move any more, no Landlord is taking Benefit tenants any more cause of Selective Licensing & Universal Credit. And also, rents elsewhere are shocking, considerably more than mine.
Should you not be looking to buy at moment, please save my details & pass on to other reputable Councils/Associations/Groups that are looking to buy decent houses with decent tenants in with decent yields for yourselves.
A good return from day one.
All modern with latest combi boiler, UPVC, composite doors a lot of em, lot of new kitchens.
I recently did an article on this trying to get existing tenants to buy, but most of mine aren’t working enough hours or daren’t take the plunge.
https://www.landlordzone.co.uk/news/exclusive-leading-landlord-offers-to-pay-tenants-ftb-deposits-to-get-them-on-property-ladder/
Please ring me with any idea’s or suggestions you may have.
Yours sincerely,
Mick Roberts