McDonnell’s distorted and dangerous version of Right to Buy9:01 AM, 5th September 2019
About 2 weeks ago 35
We recently bought a second property on a BTL mortgage. Although it doesn’t seem logical we have ended up living in the property and have all bills/council tax in our name registered to this address.
To cut a long story short, although it’s on a BTL mortgage this property has been our primary residence from the day we bought it.
If we were to sell this property (having not rented out) would we still be liable for capital gains tax on the additional value created?
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