Small-Scale Property Development: Special Purpose Vehicles (SPVs)

‘Special Purpose Vehicles’, or SPVs, are becoming more common as a means of operating small-scale property developments.
What is a Special Purpose Vehicle
A Special Purpose Vehicle (SPV) is a legal business structure which has been created for a specific, usually limited, purpose and which has specific, usually limited, powers. It can be thought of as a business that has been tailor-made […]