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Property CommunityUK real estate popular with Asian investorsProperty CommunityWhile different investors seem to be taking a different opinion on Brexit and the fall in the UK currency, Asian investors still have an appetite UK property. A report by JLL confirmed that Asian investors accounted for 28% of UK property transactions ...
The GuardianWeak pound melts the British dream of a place in the sunThe GuardianUncertainty about the future of Britain in Europe and the fall in the value of the pound are taking their toll on the number of UK buyers investing in a little place in the Mediterranean sun. A report ... But the Brits are staying away from other types ...
Lexology (registration)Another Hoop for Irish Companies Owning UK Property?Lexology (registration)Overseas entities such as Irish companies buying UK property face the complete reversal of any transaction if they cannot prove compliance at the time they register the land transfer or lease with the Land Registry. The proposed register would be the ...
The Bridgend & Porthcawl GEMProperty firms in Wales must adopt new technologies, says RICSThe Bridgend & Porthcawl GEMDespite investments and advancements in technology, the RICS (Royal Institution of Chartered Surveyors) says the property sector and wider construction industry in Wales is still slow to uptake such innovations which could create taller buildings ...and more »
Glamorgan GemProperty firms in Wales must adopt new technologies, says RICSGlamorgan GemDespite investments and advancements in technology, the RICS (Royal Institution of Chartered Surveyors) says the property sector and wider construction industry in Wales is still slow to uptake such innovations which could create taller buildings ...and more »
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Godfery3q

 

selling my current home in order to release money to effect some improvements

hi,

I am considering selling my current home in order to release money to effect some improvements in a property which I currently let out ( with a view to then selling this on). I then hope to use the money from both properties to buy a larger house than I currently live in. I intend to stay in the second property while the improvements are carried out. When I subsequently sell this, will I be eligible for capital gains tax?

R. McLachlan
Tax issues are personal to you, so I suggest you check with your accountant. In theory if you live in a house that you own for 6 months it is considered your home and eleigable for any relevant reliefs  M
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