What is an Special Purpose Vehicle (SPV)?

A special purpose vehicle (also known as SPV) is where by a company is set up that is used to represent the individual borrower and/or any other potential investors, for the acquisition of the property. In some cases, it can be beneficial to use a SPV to help alleviate taxes and minimise risks.

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My solicitor just called me to confirm the purchase is now completed. This is fantastic! My husband and I want to thank you for all your hard work, especially Sue for her professional, punctual and productive work through the whole purchase. This is the 2nd time we work together and has been a very happy one. I will come back to you next time for the next project