I bought a property (A) in 1995 which I lived in for 7 years. I moved to a new home (B) in 2002, but was unable to sell property A, I rented it out. Its been a BTL ever since.
Now I am looking at rebuilding my existing home (B) but it will be demolished and I will move back to A for at least a year.
My question is can A be classed as my primary residence for tax purposes, as B will be uninhabitable, if I sell it before moving back to my newly built home?
Or is it that if a property has ever been rented, it is subject to CGT irrespective if it is your existing primary residence?
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