Buying property through an SPV can be attractive for many reasons. It can be tax-efficient, particularly for Stamp Duty Land Tax. It makes it easy to transfer assets such as any leases that are attached to the property. And it is often used when buying a portfolio of properties.
However, there are – as always – particular options, legal features and risks that you need to be aware of before deciding to buy shares in an SPV. LCN Property can guide you through those in detail. Here are just a few of the questions that our clients typically ask us – and that anyone who is considering a purchase, or advising on one, should be thinking about.