Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 2 weeks ago 35
16:17 PM, 5th April 2018
About 11 months ago
I purchased property A in 1992 (mortgaged) as our primary residence.
In 2004 purchased property B (mortgaged) and moved in as our primary residence to-date.
As of 2004 property A was then used as a rental till Sept 2017.
We plan to sell property B (our current primary residence since 2004) and then move back into property A which will then become our primary residence.
Are there any issues with CGT or Stamp duty. Both properties are mortgaged, but the sale of the current (B) will pay off both mortgages. No plans to move from property A in the short term but may sell in a few years time?
I have heard that there may be issues if we move into the old rental (A) before the sale of the current Primary (B) is completed?
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