• Transfer Property To SPV

    By Guest on 14th May 2021

    My husband and I recently bought a leasehold flat (in March 2021), our circumstances have now changed and it would be beneficial to us if the property was owned by an SPV instead of privately by us. We have no mortgage on the property. Can we do a simple transfer of equity to the SPV? The property is under £500k so if we transferred by June 30 would the SPV be exempt from SDLT under the SDLT holiday? Does the fact that it is a leasehold property make DIY conveyancing more difficult? Are we legally obligated to repeat the searches we had done only 3 months ago?
    Many thanks!

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