Property Ownership Decision Tree
Navigate the best ownership structure for your property investment.
SPV vs. Personal: Which Ownership Type is Best For You?
1
Is this a personal residence?
YES
→ Personal ownership
SPVs are for investments only.
NO
→ Continue to Question 2
2
Are you buying this property with a mortgage?
YES
→ Go to Question 3
NO
→ Go to Question 5
3
Is mortgage interest a major cost?
YES
→ SPV ownership
Full mortgage interest is tax-deductible for companies.
NO
→ Continue to Question 4
4
Are you a higher rate taxpayer (earning over £50,270)?
YES
→ SPV may be more efficient
Personal ownership restricts mortgage interest relief to 20%, while companies pay 25% Corporation Tax on profits.
NO
→ Personal ownership may be more efficient
Especially when combined with allowances below.
5
Are you buying jointly with a spouse?
YES
(+ £6,000 CGT when selling)
→ Personal ownership becomes more attractive
Each spouse gets:
- £12,570 personal allowance
- £1,000 property allowance (optional)
- £3,000 capital gains allowance
(+ £6,000 CGT when selling)
NO
→ Continue to Question 6
6
Is this a one-off or small portfolio purchase?
YES
→ Personal ownership is simpler
Less admin, no corporation filings.
NO (2+ properties)
→ SPV offers better scaling
Better tax planning and professionalism.
7
Will you reinvest profits or draw income regularly?
REINVEST
→ SPV allows retained earnings
Taxed at 25%, great for compounding growth.
DRAW INCOME
→ Personal ownership gives simpler access
No dividend tax complications.
8
Is inheritance or succession planning important?
YES
→ SPVs offer flexibility
Shares can be transferred or held in trust.
NO
→ Continue to Question 9
9
Will this be owned with a partner or third party?
YES
→ SPV recommended
Clear shareholding, profit split, legal structure.
NO
→ Either option could work
Consider your specific circumstances and consult a professional.
Personal Ownership Recommended
SPV Ownership Recommended
Continue to Next Question
Additional Personal Ownership Tips
- Split ownership smartly: Use tenants in common and Form 17 to assign income where most tax-efficient.
- Claim all deductions: Repairs, lettings fees, insurance, accounting, etc.
-
Use allowances:
- £12,570 personal income tax allowance
- £1,000 property income allowance (alternative to expense deduction)
- £3,000 CGT allowance (doubles for spouses)
- Children 18+ can hold shares: shifts income to lower tax bracket (be mindful of CGT/SDLT on transfer).
Final Cheat Sheet
Scenario | Personal Ownership | SPV Ownership |
---|---|---|
One-off, low-income buyer | Yes | No |
High-income landlord | No | Yes |
Mortgage-heavy deal | Maybe (interest relief capped) | Yes (fully deductible) |
Reinvesting profits | No | Yes |
Involving partners or scaling portfolio | No | Yes |
Using spousal allowances | Yes | No |
Estate/succession planning | Maybe | Yes |
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