A Special Purpose Vehicle (SPV) is a UK-incorporated company that has been established by another trading company or private individuals for the sole purpose of Buy-To-Let activities i.e. the purchase/remortgage of residential properties for letting.

How can M&N assist?

If, like thousands of landlords, you are considering setting up a company through which to own property, we can help. Once you have received the appropriate tax advice regarding your new SPV, we will incorporate the company to meet your requirements.

After we have registered your new SPV at Companies House, each year we will then issue the confirmation statement (CS01) and ensure that all registers are kept up to date and in order on your behalf, saving you time and any potential penalties.

Your tax adviser would have outlined the numerous benefits of setting up an SPV, a major one being that the assets are secure even if the parent company goes bankrupt.

With M&N we do the work and you reap the benefits.