There is sometimes an insurance advantage especially if it is ever involved in a collision as the status of the van will fit the V5. An insurer will pay the worth of a bare Transporter if involved in a collision and a change has not been made on the V5. That may not be a particular problem for you as this seems to be a fairly rudimentary conversion but it may well be if the van has had a major rebuild.
The other advantage of changing is the speed limit as you will be able to do 60mph legally on national roads.
To make the change you will normally need to provide photographs of the completed conversion including internal and external shots. You also need to provide details of the work carried out including receipts if available.DVLA will usually wish to inspect the vehicle at their local office.
The greater the changes the more likely the change is likely to be agreed. If all you are doing is cutting some windows in the side and putting a mattress in the back they are likely to refuse you.
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