Privacy Notice

  1. Important information and who we are

    1. Purpose of this privacy notice

      This privacy notice aims to give you information on how we collect and process your personal data, including any data you may provide to us directly via our website, platform or otherwise.

      It is important that you read this privacy notice together with any other privacy notice, fair processing notice or privacy policy we may provide on specific occasions when we are collecting or processing personal data about you so that you are fully aware of how and why we are using your data.

    2. Controller

      British Pearl ® is a property investment platform which offers investors the opportunity to make equity and/or debt investments in individual buy-to-let properties and developments.

      The British Pearl Group is made up of several legal entities, including British Pearl Limited (ICO registration number: ZA261638), British Pearl Estates Limited (ICO registration number: ZA311507), British Pearl Finance Limited (ICO registration number: ZA309085) and British Pearl Technology Limited (ICO registration number: ZA308977). This privacy notice is issued on behalf of the British Pearl Group so when we mention the Company, "we", "us" or "our" in this privacy notice, we are referring to the relevant company in the British Pearl Group responsible for processing your data. British Pearl Limited is the controller and the entity responsible for our website and platform.

      We have appointed a data protection manager who is responsible for overseeing questions in relation to this privacy notice. If you have any questions about this privacy notice, including any requests to exercise your legal rights, please contact the data protection manager using the details set out below.

    3. Contact details

      Our full details are:

      Full name of legal entity: British Pearl Limited
      Name or title of Data Protection Manager: Anj Latif
      Email address: info@britishpearl.com
      Postal address: British Pearl, 25 Southampton Buildings, London WC2A 1AL
      Telephone number: 0203 657 7799

      You have the right to make a complaint at any time to the Information Commissioner's Office (ICO), the UK supervisory authority for data protection issues. We would, however, appreciate the chance to deal with your concerns before you approach the ICO so please contact us in the first instance.

    4. Changes to the privacy notice and your duty to inform us of changes

      This version was last updated on 25 May 2018 and historic versions can be obtained by contacting us.

      It is important that the personal data we hold about you is accurate and current. Please keep us informed if your personal data changes during your relationship with us.

    5. Third party links

      Our website and platform may include links to third party websites, plug-ins and applications. Clicking on those links or enabling those connections may allow third parties to collect or share data about you. We do not control these third party websites and are not responsible for their privacy statements. When you leave our website or platform, we encourage you to read the privacy notice of every third party website you visit.

  2. The data we collect about you

    Personal data, or personal information, means any information about an individual from which that person can be identified. It does not include data where the identity has been removed (anonymous data).

    We may collect, use, store and transfer different kinds of personal data about you which we have grouped together follows:

    • Identity Data includes first name, maiden name, last name, username or similar identifier, National Insurance number, title, date of birth and gender.

    • Contact Data includes current address, previous address (if at current address for less than one year), email address and telephone numbers.

    • Financial Data includes bank account and customer accreditation record.

    • Transaction Data includes details about payments to and from you and other details of services you have purchased from us.

    • Technical Data includes cookies, internet protocol (IP) address, your login data, browser type and version, time zone setting and location, browser plug-in types and versions, operating system and platform and other technology on the devices you use to access our website and platform.

    • Profile Data includes your username and password, purchases or orders made by you, your interests, preferences, feedback and survey responses.

    • Usage Data includes full Uniform Resource Locators (URL) clickstream to, through and from our website (including date and time), products you viewed or searched for, page response times, download errors, length of visits to certain pages, page interaction information (such as scrolling, clicks, and mouse-overs), methods used to browse away from the page and other similar information about how you use our website, platform and services.

    • Marketing and Communications Data includes your preferences in receiving marketing from us and our third parties and your communication preferences.

    We also collect, use and share Aggregated Data such as statistical or demographic data for any purpose. Aggregated Data may be derived from your personal data but is not considered personal data in law as this data does not directly or indirectly reveal your identity. For example, we may aggregate your Usage Data to calculate the percentage of users accessing a specific website or platform feature. However, if we combine or connect Aggregated Data with your personal data so that it can directly or indirectly identify you, we treat the combined data as personal data which will be used in accordance with this privacy notice.

    We do not collect any Special Categories of Personal Data about you (this includes details about your race or ethnicity, religious or philosophical beliefs, sex life, sexual orientation, political opinions, trade union membership, information about your health and genetic and biometric data). Nor do we collect any information about criminal convictions and offences.

    1. If you fail to provide personal data

      Where we need to collect personal data by law, or under the terms of a contract we have with you and you fail to provide that data when requested, we may not be able to perform the contract we have or are trying to enter into with you (for example, to provide you with goods or services). In this case, we may have to cancel a product or service you have with us but we will notify you if this is the case at the time.

  3. How is your personal data collected?

    We use different methods to collect data from and about you including through:

    1. Direct interactions.

      You may give us your Identity, Contact and Financial Data by filling in forms or by corresponding with us by post, phone, email or otherwise. This includes personal data you provide when you:

      • avail of our services;

      • create an account on our website or platform;

      • subscribe to our service or publications;

      • request marketing to be sent to you;

      • enter a promotion or survey; or

      • give us some feedback.

    2. Automated technologies or interactions.

      As you interact with our website and platform, we may automatically collect Technical Data about your equipment, browsing actions and patterns. We collect this personal data by using cookies, server logs and other similar technologies. We may also receive Technical Data about you if you visit other websites employing our cookies.

    3. Third parties or publicly available sources.

      We may receive personal data about you from various third parties and public sources.

      1. Technical Data from the following parties:

        • analytics providers;

        • advertising networks; and

        • search information providers.

      2. Contact, Financial and Transaction Data from providers of technical, payment and delivery services.

      3. Identity and Contact Data from data brokers or aggregators.

      4. Identity and Contact Data from publicly available sources such as Companies House and the Electoral Register.

  4. How we use your personal data

    We will only use your personal data when the law allows us to. Most commonly, we will use your personal data in the following circumstances:

    • Where we need to perform the contract we are about to enter into or have entered into with you.

    • Where it is necessary for our legitimate interests (or those of a third party) and your interests and fundamental rights do not override those interests.

    • Where we need to comply with a legal or regulatory obligation.

    Generally we do not rely on consent as a legal basis for processing your personal data other than in relation to sending third party direct marketing communications to you via email or text message. You have the right to withdraw consent to marketing at any time by contacting us via the Support section of our website.

    1. Purposes for which we will use your personal data

      We have set out below, in a table format, a description of all the ways we plan to use your personal data, and which of the legal bases we rely on to do so. We have also identified what our legitimate interests are where appropriate.

      Note that we may process your personal data for more than one lawful ground depending on the specific purpose for which we are using your data. Please contact us via the Support section of our website, if you need details about the specific legal ground we are relying on to process your personal data where more than one ground has been set out in the table below.

      Purpose/Activity
      Type of data
      Lawful basis for processing including basis of legitimate interest
      To register you as a new investor
      (a) Identity
      (b) Contact
      Performance of a contract with you
      Purpose/Activity
      Type of data
      Lawful basis for processing including basis of legitimate interest
      To process your orders or requests and to deliver services to you including:
      (a) Manage payments, fees and charges
      (b) Collect and recover money owed to us
      (a) Identity
      (b) Contact
      (c) Financial
      (d) Transaction
      (e) Marketing and Communications
      (a) Performance of a contract with you
      (b) Necessary for our legitimate interests (to recover debts due to us)
      Purpose/Activity
      Type of data
      Lawful basis for processing including basis of legitimate interest
      To manage our relationship with you which will include:
      (a) Notifying you about changes to our terms or privacy policy
      (b) Asking you to leave a review, take a survey or provide other feedback
      (a) Identity
      (b) Contact
      (c) Profile
      (d) Marketing and Communications
      (a) Performance of a contract with you
      (b) Necessary to comply with a legal obligation
      (c) Necessary for our legitimate interests (to keep our records updated and to study how investors use our products/services)
      Purpose/Activity
      Type of data
      Lawful basis for processing including basis of legitimate interest
      To enable you to complete a survey or to provide other feedback
      (a) Identity
      (b) Contact
      (c) Profile
      (d) Usage
      (e) Marketing and Communications
      Necessary for our legitimate interests (to study how investors use our products/services, to develop them and grow our business)
      Purpose/Activity
      Type of data
      Lawful basis for processing including basis of legitimate interest
      To administer and protect our business, our website and our platform (including troubleshooting, data analysis, testing, system maintenance, support, reporting and hosting of data)
      (a) Identity
      (b) Contact
      (c) Technical
      (a) Necessary for our legitimate interests (for running our business, provision of administration and IT services, network security, to prevent fraud and in the context of a business reorganisation or group restructuring exercise)
      (b) Necessary to comply with a legal obligation
      Purpose/Activity
      Type of data
      Lawful basis for processing including basis of legitimate interest
      To deliver relevant website content and advertisements to you and measure or understand the effectiveness of the advertising we serve to you
      (a) Identity
      (b) Contact
      (c) Profile
      (d) Usage
      (e) Marketing and Communications
      (f) Technical
      Necessary for our legitimate interests (to study how investors use our products/services, to develop them, to grow our business and to inform our marketing strategy)
      Purpose/Activity
      Type of data
      Lawful basis for processing including basis of legitimate interest
      To use data analytics to improve our website, platform, services, marketing, investor relationships and experiences
      (a) Technical
      (b) Usage
      Necessary for our legitimate interests (to define types of investors for our services, to keep our website and platform updated and relevant, to develop our business and to inform our marketing strategy)
      Purpose/Activity
      Type of data
      Lawful basis for processing including basis of legitimate interest
      To make suggestions and recommendations to you about services that may be of interest to you
      (a) Identity
      (b) Contact
      (c) Technical
      (d) Usage
      (e) Profile
      Necessary for our legitimate interests (to develop our services and grow our business)

      Legitimate Interest means the interest of our business in conducting and managing our business to enable us to give you the best service/product and the best and most secure experience. We make sure we consider and balance any potential impact on you (both positive and negative) and your rights before we process your personal data for our legitimate interests. We do not use your personal data for activities where our interests are overridden by the impact on you (unless we have your consent or are otherwise required or permitted to by law). You can obtain further information about how we assess our legitimate interests against any potential impact on you in respect of specific activities by contacting us via the Support section of our website.

      Performance of Contract means processing your data where it is necessary for the performance of a contract to which you are a party or to take steps at your request before entering into such a contract.

      Comply with a legal or regulatory obligation means processing your personal data where it is necessary for compliance with a legal or regulatory obligation that we are subject to.

    2. Marketing

      We strive to provide you with choices regarding certain personal data uses, particularly around marketing and advertising.

    3. Promotional offers from us

      We may use your Identity, Contact, Technical, Usage and Profile Data to form a view on what we think you may want or need, or what may be of interest to you. This is how we decide which services and offers may be relevant for you (we call this marketing).

      You will receive marketing communications from us if you have requested information from us or purchased goods or services from us or if you provided us with your details when you entered a competition or registered for a promotion and, in each case, you have not opted out of receiving that marketing.

    4. Third party marketing

      We will get your express opt-in consent before we share your personal data with any company outside our group of companies for marketing purposes.

    5. Opting out

      You can ask us or third parties to stop sending you marketing messages at any time by contacting us via the Support section of our website at any time.

      Where you opt out of receiving marketing messages, this will not apply to personal data provided to us as a result of a product/service purchase, warranty registration, product/service experience or other transactions.

    6. Change of purpose

      We will only use your personal data for the purposes for which we collected it, unless we reasonably consider that we need to use it for another reason and that reason is compatible with the original purpose. If you wish to get an explanation as to how the processing for the new purpose is compatible with the original purpose, please contact us via the Support section of our website

      If we need to use your personal data for an unrelated purpose, we will notify you and we will explain the legal basis which allows us to do so.

      Please note that we may process your personal data without your knowledge or consent, in compliance with the above rules, where this is required or permitted by law.

  5. Disclosures of your personal data

    We may have to share your personal data with the parties set out below for the purposes set out in the table in paragraph 4 above.

    We require all third parties to respect the security of your personal data and to treat it in accordance with the law. We do not allow our third party service providers to use your personal data for their own purposes and only permit them to process your personal data for specified purposes and in accordance with our instructions.

    1. Internal Third Parties

      Other companies in our corporate group who may act as joint controllers or processors and who may be based inside or outside the EU.

    2. External Third Parties

      • Service providers who may act as processors based inside or outside the EU and who provide IT, system administration and other services.

      • Professional advisers who may act as processors including lawyers, bankers, auditors and insurers based inside or outside the EU who provide consultancy, banking, legal, insurance and accounting services.

      • HM Revenue & Customs, regulators and other authorities who may act as processors based inside or outside the EU who require reporting of processing activities in certain circumstances.

    3. Other

      Third parties to whom we may choose to sell, transfer, or merge parts of our business or our assets. Alternatively, we may seek to acquire other businesses or merge with them. If a change happens to our business, then the new owners may use your personal data in the same way as set out in this privacy notice.

  6. International transfers

    Some of our external third parties may be based outside the European Economic Area (EEA) so the processing of your personal data may involve a transfer of data outside the EEA.

    Whenever we transfer your personal data out of the EEA, we ensure a similar degree of protection is afforded to it by ensuring at least one of the following safeguards is implemented:

    • We will only transfer your personal data to countries that have been deemed to provide an adequate level of protection for personal data by the European Commission. For further details, see European Commission: Adequacy of the protection of personal data in non-EU countries.

    • Where we use certain service providers, we may use specific contracts approved by the European Commission which give personal data the same protection it has in Europe. For further details, see European Commission: Model contracts for the transfer of personal data to third countries.

    • Where we use providers based in the US, we may transfer data to them if they are part of the Privacy Shield which requires them to provide similar protection to personal data shared between the Europe and the US. For further details, see European Commission: EU-US Privacy Shield.

    Please contact us via the Support section of our website if you want further information on the specific mechanism used by us when transferring your personal data out of the EEA.

  7. Data security

    We have put in place appropriate security measures to prevent your personal data from being accidentally lost, used or accessed in an unauthorised way, altered or disclosed. In addition, we limit access to your personal data to those employees, agents, contractors and other third parties who have a business need to know. They will only process your personal data on our instructions and they are subject to a duty of confidentiality.

    We have put in place procedures to deal with any suspected personal data breach and will notify you and any applicable regulator of a breach where we are legally required to do so.

  8. Data retention

    We will only retain your personal data for as long as necessary to fulfil the purposes we collected it for, including for the purposes of satisfying any legal, accounting, or reporting requirements.

    To determine the appropriate retention period for personal data, we consider the amount, nature, and sensitivity of the personal data, the potential risk of harm from unauthorised use or disclosure of your personal data, the purposes for which we process your personal data and whether we can achieve those purposes through other means, and the applicable legal requirements.

    By law we have to keep basic information about our investors (including Contact, Identity, Financial and Transaction Data) for at least six years after they cease being investors for tax purposes.

    Details of other retention periods for different aspects of your personal data are contained in our retention policy which you can request from us by contacting us via the Support section of our website.

    In some circumstances you can ask us to delete your data and in some circumstances we may anonymise your personal data (so that it can no longer be associated with you) for research or statistical purposes in which case we may use this information indefinitely without further notice to you.

  9. Your legal rights

    You have the right to:

    • Request access to your personal data (commonly known as a "data subject access request"). This enables you to receive a copy of the personal data we hold about you and to check that we are lawfully processing it.

    • Request correction of the personal data that we hold about you. This enables you to have any incomplete or inaccurate data we hold about you corrected, though we may need to verify the accuracy of the new data you provide to us.

    • Request erasure of your personal data. This enables you to ask us to delete or remove personal data where there is no good reason for us continuing to process it. You also have the right to ask us to delete or remove your personal data where you have successfully exercised your right to object to processing (see below), where we may have processed your information unlawfully or where we are required to erase your personal data to comply with local law. Note, however, that we may not always be able to comply with your request of erasure for specific legal reasons which will be notified to you, if applicable, at the time of your request.

    • Object to processing of your personal data where we are relying on a legitimate interest (or those of a third party) and there is something about your particular situation which makes you want to object to processing on this ground as you feel it impacts on your fundamental rights and freedoms. You also have the right to object where we are processing your personal data for direct marketing purposes. In some cases, we may demonstrate that we have compelling legitimate grounds to process your information which override your rights and freedoms.

    • Request restriction of processing of your personal data. This enables you to ask us to suspend the processing of your personal data in the following scenarios: (a) if you want us to establish the data's accuracy; (b) where our use of the data is unlawful but you do not want us to erase it; (c) where you need us to hold the data even if we no longer require it as you need it to establish, exercise or defend legal claims; or (d) you have objected to our use of your data but we need to verify whether we have overriding legitimate grounds to use it.

    • Request the transfer of your personal data to you or to a third party. We will provide to you, or a third party you have chosen, your personal data in a structured, commonly used, machine-readable format. Note that this right only applies to automated information which you initially provided consent for us to use or where we used the information to perform a contract with you.

    • Withdraw consent at any time where we are relying on consent to process your personal data. However, this will not affect the lawfulness of any processing carried out before you withdraw your consent. If you withdraw your consent, we may not be able to provide certain services to you. We will advise you if this is the case at the time you withdraw your consent.

    1. No fee usually required

      You will not have to pay a fee to access your personal data (or to exercise any of the other rights). However, we may charge a reasonable fee if your request is clearly unfounded, repetitive or excessive. Alternatively, we may refuse to comply with your request in these circumstances.

    2. What we may need from you

      We may need to request specific information from you to help us confirm your identity and ensure your right to access your personal data (or to exercise any of your other rights). This is a security measure to ensure that personal data is not disclosed to any person who has no right to receive it. We may also contact you to ask you for further information in relation to your request to speed up our response.

    3. Time limit to respond

      We try to respond to all legitimate requests within one month. Occasionally it may take us longer than a month if your request is particularly complex or you have made a number of requests. In this case, we will notify you and keep you updated.

      If you wish to exercise any of the rights set out above, please contact us via the Support section of our website.