What is an SPV?
SPV’s are mostly set up as a private limited company but it could also be a Limited Liability Partnership (LLP), Public Limited Company (Plc) or other business types.
An SPV, or Special Purpose Vehicle, is a generic name for a legal entity that is created for a limited or defined purpose. Within property investment they are formed for purchasing and holding residential buy to lets, holiday lets or for property development.
Whilst you can set up a company yourself we would recommend using your accountant or a specialist company formation agent.