I have owned and rented out a buy to let for several years and during that period it has increased in value significantly. Our son is about to be married and I intend to gift him the property which will become the main home of he and his new wife.
My understanding is that there will be no stamp duty due as it is a gift, but am unclear on the CGT implications for me. Will CGT be due, as I will receive no monies for the property, but if indeed CGT is due is there any way this can be mitigated in the light of it being a marriage gift
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