SPV (Special Purpose Vehicle)

A Special Purpose Vehicle (SPV) is a limited company created solely to hold investment property.. When applying for a buy-to-let mortgage through an SPV, the company rather than the individual is the borrower. Lenders will still require personal guarantees from directors

An SPV must have an appropriate SIC code (e.g.. 68100 or 68209) to be accepted by most buy-to-let lenders.