▪ How we collect information from you
▪ How we look after your information
▪ When do we give information that you provide us with to other people?
▪ How to get in contact with us
Although certain areas of our website are made available to all visitors, before you can use the ‘Inner Circle’ Service, you will need to register your details with us in accordance with the registration details. Should you not register your details, you will not be allowed to access the Inner Circle Service and may only access the content on the website which is freely available. We reserve the right to ask for your date of birth to verify your age. Please note we will not collect the personal information of any individual who tells us he or she is under the age of 18. The registration information that we collect from you is not used for any other purpose than for our own marketing activities. It is not passed to any 3rd parties. If you wish for your registration information to be removed, please email us at firstname.lastname@example.org and request that we do so. We will notify you when the information we hold about you is removed. Please be aware that this may result in you no longer being able to access the Inner Circle Service. Similarly, in compliance with the GDPR, should you wish to see details of the data we hold about you, please email email@example.com requesting a copy to be provided to you. We will respond within 5 working days and there will be no charge for this.
How we collect information from you
In order to process your account for the Inner Circle Service and in order to reconcile our accounts, Stripe (www.stripe.com) or such other payment partner as we may use from time to time may provide us with information detailing the credits and/or debits made to your credit/debit card. You can review Stripe’s own policy on Data Usage, Privacy and Security here: https://stripe.com/gb/legal#section_d
Cookies are small files of information which are stored on your computer. Web sites you visit ask your computer to store this information and retrieve the information from your computer so that they can keep track of things like other web sites you visit or how you navigate our website or other files which provide you with the Site. For more information about what cookies are and how they work, visit www.allaboutcookies.org. On revisiting our website or in using the files, our hosting company’s computer server will recognise the cookie and give us information about your use of the Site. Most browsers accept cookies automatically, but usually you can alter the settings of your browser to prevent automatic acceptance. If you choose not to receive cookies, you may still use the Site but you may find that the Site may not function properly or is slower than when you allow a cookie to be installed on your machine.
How we look after your information
We make sure that all the information we hold on you is as safe as possible. In addition, we have strict security procedures covering the storage and disclosure of your information in order to prevent unauthorised access. This means that sometimes we may ask you for proof of identity before disclosing any personal information to you.
What do we do with your information? We use your information to process orders you make from our Site. We may contact you from time to time to let you know about our services which may include sending you newsletters and news on events that you may be interested in. You can elect not to receive such marketing material at any time by emailing firstname.lastname@example.org.
How long we hold the information
We will retain your personal data for as long as Making Money From Property continues to offer relevant events or property information for which you’ve chosen to opt-in for. In the event of you cancelling your Inner Circle Membership (Paid-For Content), we will remove your information from our database. In the event of you providing information to us for the purposes of registering for a free preview event. we will remove your information within 2 months of the date of the event for which you registered. If you have been give a limited period free subscription to the Site (Paid-For Content) and unless you opt-in to the Site by renewing the subscription when the free period is over, we will remove your information within 2 months. This gives you the ability to renew your subscription up to 2 months after the free period has expired.
When do we give information that you provide us with to other people?
Your European Union user rights under the GDPR and how to exercise them.
If you reside in the European Union, you have the right under the General Data Protection Regulation to request from Making Money From Property access to and rectification or erasure of your personal data, data portability, restriction of processing of your personal data, the right to object to processing of your personal data, and the right to lodge a complaint with a supervisory authority. If you reside outside of the European Union, you may have similar rights under your local laws.
To help us better understand how you and other visitors navigate our website, we compile aggregate statistics about site usage and pages visited with assistance from third-party analytics service providers.
The key to being a successful property professional is knowing how to make the most of whatever the market conditions are. It's about trying to predict where things are headed and adapting your strategy to suit.
Always get a property survey done on any property you are considering buying - especially if it is a home you are planning to renovate to add value. A few hundred quid spent at the start could save you thousands in the long run.
Even if you have to supplement your monthly rent to meet your mortgage payments, on a rental property if the value of the property is rising by an mount more than this then you are still getting a return on this money. So in a rising market, you might still wish to buy property even if they do not have positive cashflow.
When deciding what properties to buy, look for ones that suit your chosen strategy and are the best that you can get for this purpose.Long term they are likely to provide a better investment than properties that are just OK for a number of different objectives.
To work out you your gross rental yield, you simply divide the annual rental income by the purchase price of the property. However, a more accurate indicator of the return you are going to get is to work out the NET rental yield. This is the return after property management, lettings fees, maintenance and repair and other running costs have been taken into consideration, and gives you a far more realistic view of your return.
Changes to tax rules that come into effect in 2017, will mean that Landlords will no longer have the ability to offset their mortgage interest against their tax bill.