CGT - Sale of one of two homes

We own two homes, A & B. Over the years we have split our time between A & B. Both are presently up for sale as ill health has caused us to rethink our way of life. We plan to dispose of A & B and purchase C, which will become our sole property. We have a letter from HMRC dated 2007 which confirms our election made to HMRC at that time that A should be regarded as our main home for CGT purposes. Q1: will this 2007 letter still be regarded as in force? Q2: if, as is almost certain, B sells before A, should we pay CGT on the capital gain on B only, regarding B as our second home? Q3: we intend purchase C simultaneously with selling B, on the basis that A is likely to take a long time to sell. When A does finally sell, we will at that time own A and C, but will have been trying to sell A throughout (from Aug 2024, in fact). Can you confirm that there will be no CGT liability when A finally sells?

Hi,

1. Yes, it will.  
2. Yes.  
3. As you have already elected to have A as yor main property this will stay in force so no CGT will be due when it sells.

Thank you/