DISCLAIMER

Regulatory

This website should not be regarded as an offer or solicitation to conduct investment business, as defined by the Financial Services and Markets Act 2000. Past performance of investments is not necessarily indicative of future performance. The value of investments may fall as well as rise and the income from investments may fluctuate and is not guaranteed. Clients may not recover the amount invested. The investments mentioned on this website are not suitable for all types of investors. Investment advice should always be sought from a qualified investment adviser before any investment is made.

PMM Group is a trading name for PMM Advisers LLP, PMM Partners LLP and PMM Advisers Real Estate Finance LLP. These are all separate companies within the PMM Group.PMM Advisers LLP (registration number OC328954) is authorised and regulated by the Financial Conduct Authority (FRN 471342). PMM Advisers Real Estate Finance LLP (registration number OC417110) is an appointed representative under FRN 797885 of PMM Advisers LLP.   PMM Partners LLP has the registration number OC328954. All PMM Companies are registered in England and Wales with the registered address of Royal Trust House, 54-56 Jermyn Street London SW1Y 6LX.

Hampton Mortgage Servicing Limited is authorised and regulated by the Financial Conduct Authority (FRN 710290).  Hampton Mortgage Servicing Limited is registered in England and Wales and its registered address is South Wing, 1st Floor, Molex House, Millennium Centre, Farnham, Surrey, GU9 7XX under registration number 08462132.

General Terms and Conditions of Use

This website and the information contained herein is copyright PMM Group 2017. All rights reserved.

Please read the following Terms and Conditions carefully before using this website.

By using this website, you signify your agreement to these Terms and Conditions. If you do not agree to these Terms and Conditions, you must not use this website. PMM Group may modify these Terms and Conditions at any time and without notice.

You agree that:

  • whilst we try to ensure that the information on this website is accurate and complete, we do not accept any liability arising from any inaccuracy or omission in the information on this website;
  • it is your responsibility to evaluate and verify the accuracy, completeness and usefulness of any opinions, advice, services or other information provided on this website before relying on it;
  • all information contained on any page of this website is distributed with the understanding that the authors, publishers and distributors are not rendering legal, accounting or other professional advice or opinions on specific facts or matters and accordingly assume no liability whatsoever in connection with its use – always consult your legal, tax or professional adviser regarding your specific situation;
  • PMM Group is the owner or the licensee of all intellectual property rights in this website, and in the material published on it. Those works are protected by copyright laws and treaties globally and all such rights are reserved;
  • you may print off one copy, and may download extracts, of any page(s) from our website for your personal use and you may draw the attention of others within your organisation to content posted on our website;
  • any copies or extracts taken from this website must retain any copyrights, trademarks or other intellectual property notices contained in the original material on this website and you are prohibited from removing any of the same;
  • you must not modify the paper or digital copies of any materials you have printed off or downloaded in any way, and you must not use any illustrations, photographs, video or audio sequences or any graphics separately from any accompanying text. Our status (and that of any identified contributors) as the authors of content on our website must always be acknowledged;
  • you must not use any part of the content on our website for commercial purposes without obtaining a licence to do so from us or our licensors. If you print off, copy or download any part of our website in breach of these terms of use, your right to use our website will cease immediately and you must, at our option, return or destroy any copies of the materials you have made;
  • the copying and use of PMM Group or any group company logo, slogan, livery or device is not permitted without express prior written approval of PMM Group;
  • we endeavour to ensure that the material contained on this website is accurate and complete at the date first published however, you should recognise that information contained on this website may become out of date over time;
  • this website and the information contained on it is provided for your use “AS IS” without any warranty (whether express or implied) of any kind. PMM Group and its related, affiliated and subsidiary companies disclaim all warranties, express or implied, including, but not limited to, implied warranties of merchantability and fitness for a particular purpose;
  • PMM Group does not accept any responsibility or liability for loss or damage however caused which you may directly or indirectly suffer in connection with your use of or reliance on information contained on this website. Further, in no event shall PMM Group and its related, affiliated and subsidiary companies be liable for any direct, indirect, special, incidental or consequential loss or damages arising from the use of the information on this website;
  • PMM Group is not responsible for the content or suitability of any third-party websites that may link from this website, and does not accept any responsibility or liability for loss or damage however caused as a result of your accessing any third-party websites; and
  • we may store email addresses for our own purposes, which may include contacting you with information that we believe may be of interest to you. You can contact us at any time using the details on the contacts page to advise us you would prefer not to receive any such information.

Changes to Website

The format and content of this website may be changed at any time without notice. The operation of this website may also be suspended or discontinued for support or maintenance work, in order to update its content or for any other reason and without notice. Access may be terminated either in relation to specific users or generally at any time and without notice.

Privacy

General

This is the privacy policy of the following organisations:

  • PMM Advisers LLP
  • PMM Advisers (Shared Equity) Limited
  • PMMA PSE2C Ltd
  • PMM Partners (UK) Limited
  • PMM Partners LLP
  • PMM Advisers Real Estate Finance LLP

Collectively known as the PMM Group.

All the companies above have a registered office at: Royal Trust House, 54 Jermyn Street, London SW1Y 6LX.

The organisations listed above are asset management advisers and arrangers that originate and arrange real estate and real estate debt investment on behalf of leading institutional investors. This includes the following activities:

  • Providing property advisory services to Phoenix Spree Deutschland Limited, a Berlin-focused German residential property fund.
  • Providing advisory and arranging services to funds, which acquire portfolios of assets or financial interests in shared equity or equity release mortgages.
  • Acting as investment adviser to a real estate finance lender to support the acquisition or refinancing of commercial property.

The PMM Group is committed to safeguarding the privacy of all your information, to ensure it is secure at all times and treated in the strictest of confidence. Please note any information that is transmitted over the internet is not 100% secure, and any information transmitted via the internet is at the individual’s own risk.   Any personal information you give to the PMM Group will always be processed in accordance with applicable laws.

The term “your information” means any information we hold about you, both online and offline which you or third parties provide to us which is required in order to provide the services to you that we do. An example of where data is collected could be when you contact us, via phone, email or letter.

What personal data does PMM Process?

PMM Group may processes some or all of the following information in respect of their role as advisers to corporate funds. These funds hold a range of assets includes ones that involve private individuals and as such personal data is collected and processed.

Individual details – name, address (and proof of address), alternative address, date of birth, date of death, other contact details (e.g. telephone and email details), gender, marital status and family details.

Identification details – identification numbers issued by government bodies or agencies (e.g. depending on the country you are in, social security or national insurance number, passport number, ID number, driver’s license number or tax identification number.)

Financial information – Income and expenditure and other financial information such as details of financial history including bankruptcies and credit scores.

Tenant information – information about tenants of buildings owned by Phoenix Spree Deutschland including employment information.

Shared equity information – Information about shared equity mortgages and second charge deeds that they have in place.

Equity Release information – Property details, lease details and sale price of property.

Credit and anti-fraud data – credit history, information about IVA’s and bankruptcies, allegations of crimes and sanctions details received from various anti-fraud and sanctions databases or regulators and law enforcement agencies.

What are the sources of this personal data?

PMM Group may collect and receive Personal Data from various sources, but in most cases not from individuals directly. These sources may include:

  • Where a member of PMM Group provides asset management services to funds, personal data is provided by the funds directly, the servicing providers or their professional advisers who are contracted by the funds to provide administration activities.
  • Information provided by the facility agent, lender or the lender’s advisers on commercial real estate loans.
  • Information provided by commercial real estate borrowers, their owners, subsidiaries and related parties.
  • Tenant information provided by Phoenix Spree Deutschland or its agents to allow property management services to be conducted.
  • Anti-fraud databases and other third-party databases, including sanctions lists.

The collection of this data does depend on the country the borrower is in.

How does PMM Group use your personal data and who does PMM Group transfer it to?

In this section we lay out the purpose for which we use this personal data, outline how we share this information and the legal basis that we use to rely on the processing of your data.

Please refer the table entitled Legal basis for processing data below to view how we process the data, what data we process and the legal grounds for this processing.

The personal data can also be disclosed to the following parties, this can vary on the type of activities that are being conducted as shown in the legal basis for processing data table:

  • Proposed purchaser of the Shared Equity Mortgage.
  • The lenders under the Shared equity mortgage
  • The Lenders of the Commercial Real Estate Loan.
  • The Commercial Real Estate lenders professional advisers.
  • Professional advisors of that proposed purchaser
  • Professional advisers of the lenders
  • Regulators
  • The Facility Agent.
  • Auditors
  • Police or Courts
  • Banks
  • Government or law enforcement agencies
  • Shareholders

Please note the PMM Group does not sell or rent any of your personal data nor does HMS use it for marketing purposes. In addition, no data is transferred outside of the EEA.

The legal basis for processing

Please view this table to view how we process the data, the data we process and the legal ground for this processing.

How long will we hold your data for?

We will not ask for more information than we need for the purposes we are collecting it and will securely dispose of the information when it is no longer needed for the given purpose.

In respect of shared equity mortgages, Personal Data will be held for either the period dictated by our clients under our contractual obligations or 12 years after the shared equity mortgage has redeemed. The reason being that shared equity mortgage contracts are deeds, and this is the time period in which a breach of obligation claim could be brought under a deed.

For commercial real estate loans and tenant information, Personal Data will be held for either the period required under our contractual obligations or for six years, which is the applicable statutory limitation period regarding contractual claims.

What rights do you have with respect to your personal data that we collect directly from you as an individual?

Under data protection legislation, you have the following rights:

(i) Access to your information

You have a right to request a copy of the information that we hold about you. If you would like a copy of the information we hold about you, please write to Head of Compliance, PMM Group, Royal Trust House, 54 Jermyn Street, London, SW1Y 6LX or via info@pmmgroup.com. You may be asked to verify your identity before a request can be processed. The information will be provided to you within one month of the receipt of the request, however if they are complex or there is more than one, the PMM Group reserves its right to extend this time period by a further two months (being three months in total).

We reserve the right to charge £15 for each further requests of the same data or where the requests are excessive or repetitive.

(ii) Correction of your data

The PMM Group wants to make sure your personal data is accurate and up to date. We will update our records if you inform us that your details have changed or are incorrect and we will regularly review and assess the quality of our information. Please write to Head of Compliance, PMM Group, Royal Trust House, 54 Jermyn Street, London, SW1Y 6LX or via info@pmmgroup.com.   to update any incorrect information and this will be actioned within one month.   Please note there may be scenarios where the PMM Group can refuse a request for rectification.

(iii) Right to have your data erased

You have the right to have your personal data erased and this request can be made verbally or in writing. Please note this right only applies in certain circumstances. For example, this right does not apply to non-personal data. In addition, if you request your data to be deleted and there are legitimate reasons why it should, the PMM Group may not be able to perform all the services to you as a borrower. The PMM Group will write to you within one month in response to this a request.

(iv) Right to restrict the processing of your data

You have the right to request the restriction or suppression of your personal data that is held and used by the PMM Group. This request can be made verbally or in writing and while the PMM Group is permitted to hold the data it cannot use it. Please note that this right only applies in certain circumstances as outlined below:
• The data is inaccurate
• The processing is unlawful, or;
• If the PMM Group no longer needs the personal data for the purposes it is held.

The PMM Group will write to you within one month in response to this a request.

(v) Right to portability

It is possible that you have a right to port your data to another provider if the basis for collecting and processing this data was consent (other basis’s outlines in this privacy notice, do no confer the right to portability). If this applies please contact us for further information.

(vi) Withdrawing consent and the right to object

Where you have given consent to the processing of your personal data, you have the right to withdraw this consent. In addition, you have a right to object to processing where the legal basis is HMS’s legitimate interests. For both scenarios please write to Head of Compliance, PMM Group, Royal Trust House, 54 Jermyn Street, London, SW1Y 6LX or via info@pmmgroup.com to withdraw this consent or object.

(vii) If you have a complaint regarding how your data is held or processed

Head of Compliance,
PMM Group,
Royal Trust House,
54 Jermyn Street,
London,
SW1Y 6LX
or via info@pmmgroup.com

In addition, you have the right to complain directly to the Information Commissioners Office (ICO) anytime, their details are:

Information Commissioner’s Office
Wycliffe House
Water Lane
Wilmslow
SK9 5AF
www.ico.org.uk