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Privacy Policy

How we use your data

Effective Date: 26-01-2024

Introduction

Precision Mortgages Ltd ("we" or "us") is committed to protecting the privacy and security of your personal information. This Privacy Policy explains how we collect, use, disclose, and store your personal information when you use our website and apply for mortgage products through our services.

Information We Collect

We collect the following categories of personal information from you:

We may also collect personal information about you from third parties, such as mortgage providers and credit reference agencies, with your consent or as permitted by law.

How We Use Your Information

We use your personal information for the following purposes:

  • To verify your identity and prevent fraud.
  • To communicate with you about your mortgage application and provide you with customer support.
  • To improve our website and services.
  • To comply with legal and regulatory requirements.

    Cookies

    We use cookies on our website to collect technical information about your browsing activity. Cookies are small files that are downloaded to your device when you visit a website. They allow us to remember your preferences and settings, and to understand how you use our website. We use this information to improve your experience on our website and to provide you with targeted advertising.

    You can manage your cookie preferences through your web browser settings. You can choose to disable cookies altogether, or to receive notifications when a website wants to set a cookie. However, disabling cookies may limit your ability to use some of the features on our website.

    Sharing Your Information

    We may share your personal information with the following third parties:

    • Mortgage providers: We share your personal information with mortgage providers so that they can assess your mortgage application and provide you with mortgage products.
    • Third-party service providers: We may share your personal information with third-party service providers who help us operate our website and provide our services. These service providers are bound by contractual obligations to keep your information confidential and to use it only for the purposes for which it is disclosed.
    • Regulatory authorities: We may disclose your personal information to regulatory authorities if we are required to do so by law.

    We will not sell or share your personal information with third parties for their own marketing purposes without your consent.

    Your Rights

    You have the following rights under the UK General Data Protection Regulation (UK GDPR):

    • The right to access your personal information.
    • The right to rectify inaccurate personal information.
    • The right to erase your personal information.
    • The right to restrict the processing of your personal information.
    • The right to data portability.
    • The right to object to the processing of your personal information.

    You can exercise your rights by contacting us at enquries@precision-mortgages.co.uk.

    Data Security

    We have implemented appropriate technical and organizational measures to protect your personal information from unauthorized access, disclosure, alteration, or destruction. However, no method of transmission over the internet or method of electronic storage is 100% secure. Therefore, we cannot guarantee the absolute security of your personal information.

    Retention of Your Information

    We will retain your personal information for as long as necessary to fulfill the purposes for which it was collected, including for any legal, accounting, or reporting purposes. After that time, we will delete your personal information in a secure manner.

    Changes to this Privacy Policy

    We may update this Privacy Policy from time to time. We will notify you of any changes by posting the new Privacy Policy on our website. You are advised to review this Privacy Policy periodically for any changes.

    Contact Us

    If you have any questions about this Privacy Policy, please contact us at enquries@precision-mortgages.co.uk

    ICO Compliance

    This Privacy Policy is intended to comply with the UK GDPR and the Information Commissioner's Office (ICO) guidelines. We have taken steps to ensure that our Privacy Policy is transparent, fair, and easy to understand. We have also conducted a data protection impact assessment (DPIA) to identify and mitigate any risks to your privacy.