bought Nov 1991 75k, purchase cost £1750 plus stamp duty
sold Nov 2015 £268500, costs £4000 Profit £193500
Moved Feb 2009
Jane, thank you patience.I have good news . There is no capital gains tax payable on the gain made as the whole gain is covered by:- principal private residence relief and - letting relief.This is good news even without taking into account unreceipted improvement costs.Here are my calculations.
More information on private residence relief can be found here
I hope this is helpful and answers your question.
If you have any other questions, please ask me before you rate my service – I’ll be happy to respond.
More than excellent service.
What a smile you have put on our faces.
Jane, its my pleasure....
Thank you kind words.I am pleased ..
If you are happy and there are no more issues I will appreciate if you would kindly rate/accept the service I provided to ensure I get credited .