rsrkhan11
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CGT for selling my house but never rented out, while I am an expat
I'm a British expat working overseas since 2014 and bought a house on a residential mortgage in 2019, with view to return to UK in 2020. Unfortunately Covid and UK jobs market meant I could not repatriate. between 2019 and 2021 the house went through major renovations and then instead of putting it on rent, to save the house and condition I asked my parents to live in it and take care of the house. they do not pay rent or any other expenses to me. I come and stay in the house every year for 6-8 weeks when we repatriate. Now, I want to sell the house and buy a larger property, so the question is since it was never let out, and also is under a residential mortgage, do I still have to pay CGT??