Q:Hello,
A year ago I moved out of my flat and re-mortgaged on a buy-to-let basis to fund the purchase of my current place. I've had tenants in for a year but now I need to sell up both places to relocate.
I have heard that if I sell up within 3 years of letting it that I would not be liable for capital gains tax. Does anyone know if this would be applicable to me?
Thanks in advance.
tags: capital gains tax, current place
posted in mortgage by admin
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