PRIVACY POLICY

What this is This   notice   sets   out   the   ways   in   which   Central   Bridging   Loans   Ltd   (CENTRAL   BRIDGING)   will   collect   and   use   your   personal   data   in   providing   you   with   a bridging   or   short-term   loan   secured   against   your   property.   It   is   important   that   you   read   and   understand   this   document   as   this   sets   out   how   we   store and   process   your   personal   data.   It   also   gives   detail   on   how   and   in   what   circumstances   your   data   will   be   used   and   to   which   other   third   parties   we   will share the data in order to effect your loan application. Contact   If   you   have   any   concerns   or   queries   in   regards   to   this,   or   the   information   set   out   within,   please   feel   free   to   contact   us   to   discuss   these.   You   can contact our Data Protection Representative or Head of Compliance by the following methods: In writing: Central Bridging Loans Limited, Granary Wharf, Wharf Road, Burton on Trent, Staffordshire, DE14 1DU By phone: 03332 400 506 Email: compliance@centralbridging.co.uk Website: www.centralbridging.co.uk Who we are Central   Bridging   is   a   bridging   and   short-term   loan   provider   which   means   we   make   loans   to   consumers   which   are   secured   by   way   of   a   legal   charge   on the   person’s   home   or   other   property.   The   loans   we   provide   are   generally   short   term   in   nature   which   means   that   they   can   last   from   3   to   24   months   in duration. The   information   that   we   use   in   order   to   provide   our   services   may   obtained   from   your   financial   advisor,   data   we   request   from   you   and   details   obtained from Credit Reference and Fraud Prevention Agencies. Why we collect your data To   enable   CENTRAL   BRIDGING   to   assess   an   application   for   a   loan   we   will   require   you   to   provide   us   with   certain   personal   information   necessary   to understand: who we are making the loan to, your ability to afford to repay the loan over the term, other information which we would reasonably expect in order to aid us in fulfilling these requirements. The   requirements   to   ensure   we   have   correctly   and   adequately   identified   each   applicant   for   a   loan   is   set   out   under   money   laundering   legislation   and regulation. Personal Data we will require To meet the above we may need to see all or a selection of the following information: Your full name Your date of birth Your current and previous address(es) Your contact details Your income details, including payslips and bank account statements Your household expenditures Passport, or driver’s licence, or other form of photo identification Credit card, personal loan, or other loan or mortgage statements Other relevant details required to establish your identity Other relevant information pertinent to the application for a loan This   list   of   data   items   we   may   ask   you   for   in   order   to   provide   finance   is   not   exhaustive   and   will   depend   on   your   personal   financial   situation.   You should be aware that the company may ask for additional details in order to enable us to fully assess your application. Any additional information will always be pertinent to your financial situation. Information that we will never ask for are details on: Your religious views Your sexual orientation Your trade union membership Your political views What we do with your data The   primary   reason   that   we   collect   your   data   is   to   enable   us   to   make   a   decision   on   whether   we   are   able   to   provide   you   with   the   finance   you   need   and whether   you   will   be   able   to   repay   based   on   the   evidence   you   submit.   Our   decision   to   provide   you   with   a   loan   is   not   guaranteed   and   will   only   be completed once we have received sufficient data, in our view, to enable us to objectively decide that you can afford the loan over its term.   All   personal   data   that   you   submit   will   be   stored   to   our   company   databases   and   will   only   be   used   in   the   provision   of   this   particular   loan   product.   We do   not   pass   any   of   your   information   to   any   other   external   third   parties   for   any   form   of   marketing   purposes.   If   this   changes   at   any   time   in   the   future you will receive a written request from this firm to provide your explicit consent. With whom do we share your data Your data will be shared with other, external data processors to assist us in providing you with finance. These include: Credit Reference Agencies (CRAs) Fraud Prevention Agencies Statutory Bodies on their lawful request, e.g. NCA, police forces External funders Valuers Solicitors Credit Reference Agencies As   well   as   the   provision   of   your   data   to   the   above   mentioned   external   agencies,   CENTRAL   BRIDGING   will   also   submit   your   data   to   a   Credit   Reference Agency (CRA) as part of the application process for the assessment of a loan. Submission   of   your   data   will   enable   us   to   view   your   current   credit   profile   giving   details   of   your   financial   commitments   held   across   the   market.   We   use this information as part of our assessment of your application. You   should   note   that   when   we   perform   a   search   on   your   credit   file   a   record   of   this   search   will   not   be   displayed   to   any   other   firm   that   searches   your profile and will only be visible to you. The    identities    of    the    CRAs,    their    role    as    fraud    prevention    agencies,    the    data    they    hold,    the    ways    in    which    they    use    and    share    your    personal information,   data   retention   periods,   and   your   data   protection   rights   with   the   CRAs   are   explained   in   more   detail   in   the   Credit   Reference   Agencies Information Notice which can be found obtained directly from the CRAs via Equifax’s website: www.equifax.co.uk/crain Fraud Prevention Agencies As   part   of   the   application   process,   and   in   our   legitimate   interest   to   prevent   financial   crime,   CENTRAL   BRIDGING   will   use   your   personal   data   to   ensure against   fraud   and   money   laundering.   In   order   to   do   this,   we   may   submit   your   data   to   specific   fraud   and   money   laundering   prevention   agencies. Details of which agencies we use can be obtained from our Data Protection Representative at the above address. We   and   the   particular   agencies   may   also   enable   law   enforcement   agencies,   where   there   is   a   statutory   requirement,   to   access   and   use   your   personal data to detect, investigate and prevent crime. If   we,   or   one   of   the   mentioned   agencies,   determine   that   you   pose   a   fraud   or   money   laundering   risk,   we,   and   others,   may   refuse   to   provide   the services and financing you have requested or may request. A   record   of   any   fraud   or   money   laundering   risk   will   be   retained   by   the   fraud   prevention   agencies,   and   may   result   in   others   refusing   to   provide services, financing, or employment to you. If you have any questions about this, please contact us on the details provided. These   agencies   can   hold   your   personal   data   for   different   periods   of   time,   and   if   you   are   considered   to   pose   a   fraud   or   money   laundering   risk,   your data can be held for up to six years. External Funders In   some   circumstances,   your   data   will   be   shared   with   our   external   funders   to   enable   them   to   determine   whether   they   will   be   able   to   provide   finance on the loan application you have made. Valuers Your    personal    data    will    be    submitted    to    a    surveyor    to    carry    out    a    valuation    on    your    property.    The    data    passed    will    only    consist    of    sufficient information they require in order to carry out this specific function. Solicitors As   part   of   the   loan   process,   we   will   in   certain   circumstances   pass   your   data   to   solicitors   acting   on   behalf   of   the   company.   These   details   will   only   be shared to facilitate the completion of a loan and the management of the transfer of funds to that solicitor acting on your behalf. Retention of your data CENTRAL   BRIDGING   will   store   your   personal   data   only   for   as   long   as   it   is   necessary   for   us   to   maintain   the   relationship   that   has   been   established through your application for a bridging or short-term loan. Where   CENTRAL   BRIDGING   provides   credit   to   you,   we   will   securely   retain   your   personal   details   for   at   least   the   term   of   the   credit   agreement   plus   six years and will update these details should you notify us of any material change during this period. Should   you   redeem   your   loan   before   the   end   of   the   contractual   term,   we   will   retain   your   personal   data   for   at   least   seven   years   from   the   date   of redemption in order for us to meet our regulatory responsibilities. In   any   instance   where   you   ask   us   to   cease   processing   your   personal   data   prior   to   the   completion   of   your   application,   CENTRAL   BRIDGING   will   retain your   personal   data   for   a   period   not   greater   than   two   years   from   the   date   of   your   request   to   cease   processing   your   data   in   order   that   we   meet   our regulatory   obligations.   When   your   loan   draws   down   we   will   be   unable   to   facilitate   any   request   to   cease   processing   of   your   data   until   such   time   as   the loan completes plus six years. Your rights Your personal data is protected by legal rights which includes your rights to: object to our processing of your data, request that your data is erased or corrected portability of your data, i.e. request that it be sent to another Data Controller request access to your personal data Where   you   request   CENTRAL   BRIDGING   to   cease   processing   your   data   prior   to   the   assessment   of   your   application   for   finance   through   CENTRAL BRIDGING, this will affect our ability to assess your application and provide finance to you. The   right   to   your   objection   to   our   processing,   or   request   erasure   of   your   data   is   subject   to   our   regulatory   and   legislative   responsibilities   as   well   as   to the   correct   maintenance   of   any   contract   that   we   may   enter   into   for   the   provision   of   investment   opportunities.   This   means   that   we   have   a   legal necessity   to   retain   your   data   while   you   have   a   loan   underway   with   the   company   in   order   that   we   correctly   manage   the   contract   set   out   at   the   signing of   your   loan   offer.   We   also   must   retain   your   data   for   a   period   of   six   years   after   the   completion   of   any   loans   with   the   business   to   meet   our   regulatory obligations. Where we have made an error on your data and you wish to submit a correction please contact us via the above methods. The   above   contact   details   should   also   be   used   to   request   copy   of   all   personal   data   we   hold   on   you.   We   will   endeavour   to   provide   all   data   that   we   hold as soon as possible upon receipt of your request and will take no longer than 30 days to do so. You   have   the   right   to   request   that   data   which   we   hold   is   passed   to   another   Data   Controller   for   their   use   on   your   behalf   via   a   “machine   readable” format. This can be requested from the Data Protection Representative of CENTRAL BRIDGING. You    also    have    a    right    to    complain    to    the    Information    Commissioner’s    Office    (ICO)    which    regulates    the    processing    of    personal    data.    CENTRAL BRIDGING’s registration number with the ICO is Z282035X. The ICO can be contacted via the following methods: Post: Information Commissioner’s Office, Wycliffe House, Water Lane, Wilmslow, SK9 5AF Telephone: 0303 123 1113 Website: www.ico.org.uk Data Storage All   Data   that   CENTRAL   BRIDGING   collects   is   controlled   and   stored   within   the   UK.   We   do   not   transfer   data   to   any   entity   outside   of   the   UK   or   the   EEA. Where this does occur, we will inform you of the situation and seek your consent prior to the initiation of the transfer.
Central Bridging, Granary Wharf, Wharf Road, Burton on Trent, Staffordshire, DE14 1DU Tel: 03332 500 406   Email: enquiry@centralbridging.co.uk   Web: www.centralbridging.co.uk Central Bridging is a trading style of Central Bridging Loans Ltd. Registered in England & Wales | Company Registration Number 07728274. Central Bridging is not regulated by the Financial Conduct Authority (FCA). All loans arranged by Central Bridging are non regulated contracts as defined under The Financial Services and Markets (Regulated Activities) Order 2001 and the Financial Service and Markets Mortgage Credit Directive Order 2015. © Copyright Central Bridging Loans Limited Privacy Policy
CENTRAL BRIDGING

PRODUCTS