What are the uses for a special purpose vehicle? Typically, SPVs are used for partnerships, limited partnerships or joint ventures, though sometimes it’s necessary for an SPV not to be owned by the company for which it was created.
An SPV is a separate company with separate assets and liabilities that allows property investors to apply for a buy-to-let mortgage as a limited company rather than in their personal name.īecause an SPV is an entirely separate entity, if the parent company goes bust, the SPV can continue unaffected. What is an SPV and how can it help property investors?Ī special purpose vehicle (SPV) is a legal entity that is set up as a fenced organisation and is often used for isolating financial risk.
