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CGT on my first home (about to buy a new home)

Answer
Christine1##
Posted Thu, 03 Oct 2024 10:16:35 GMT by Christine1##
I am about to buy a new home but the sale of my existing home (principal and only home since 2001) has stalled. It is on the market for sale. Where do I stand with capital gains tax regarding selling the first home. At the time of selling the first home I will own two homes ?
Answer
HMRC Admin 20 Response
Posted Fri, 11 Oct 2024 08:04:55 GMT by HMRC Admin 20 Response
Hi,
Please refer to CG64495 - Private residence relief: only or main residence: two or more residences: time limit for nominating
Thank you.

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