Setting up an SPV (Special Purpose Vehicle)
Most people are now aware of the rationale behind purchasing a Buy to Let property in an SPV or Special Purpose Vehicle. However, as I still get questions on this most days, it is worthwhile confirming what is expected from a lender’s perspective and the basics involved. The premise of this blog is not to confirm if a personal BTL or Company BTL is correct for you. It is to give the lenders expectations of what they require. Please bear in mind that this is after you have spoken with your accountant or sought tax advice. The result of this should be that a company structure is the way forward for your personal circumstances.
