Hi
I have found myself in a lucky position where I have enough funds to buy a property I have seen outright.
The 3 issues I have are with regards to Capital Gains Tax, Increased stamp duty on second home & Early mortgage repayment fees. My current mortgage deal ends in a year, so I would like to avoid paying early repayment fees.
Would I be correct in assuming, that if I purchase the second property and refurbish it whilst living in the first property, and I sell the first property within 18 months, I will not pay any CGT and will be able to claim back the increased stamp duty ?
Thanks in advance
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