Hi guys,
I've been living with my parents for a the last few years, I bought a house 3 months ago to move into that needed some work doing to it. It will be finished shortly and I've ended up doing 30k of work to it making the value of the house go up by 100k (70k profit). Now instead of moving in I want to sell it as I want to move else where.
As it's my first house (though I haven't been living in it) will I be subject to cgt? Will I have to live in it first and wait to move as to not pay cut or can I sell now?
Any advice
Many thanks
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