Capital Gains Tax on only property I own

i bought and lived in my home for 11yrs. 2022 moved into a rental property to nurse daughter who has Long Covid. To fund this I rented out my home. The tenants have expressed an interest in buy it. As it is the only property I own will I pay CGT on the proceeds of the sale?

Hi,
As you have not lived in it for the whole period of ownership, CGT is likely. You can claim private residence relief for the period you lived in it to reduce any taxable gain.
HS283 Private Residence Relief (2024)
Thank you

So, just to confirm, please. I own 1 house. I left it to nurse my daughter, she was too ill to be moved, and rent ccommodation near her. I have rented out my house to fund this. My tenants have expressed an interest to buy. As it s the only house I own, isn't it my primary residence and therefore exempt from CGT?

Hi,
Please have a look at the guidance on private residence at CG64970P onwards:
(Capital Gains Manual)
and HS283
HS283 Private Residence Relief (2024)
Thank you.