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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Just to say a big thank you to you and all the others who have helped with this process – including the underwriters at Shawbrook who met me early this morning. We have completed on the purchase successfully! This would not have been possible without your intervention – so a big thank you.