No, we have no plans to return in the near future.. it's too cold!
Sue, thank you for your reply.There have been changes to CGT on residential properties owned by non residents that came into effect on 6 Apr 2015.Basically, CGT would be payable on gain but you would use the valuation at 5 Apr 2015 as your base price. In other words, your chargeable gain will be the difference between the value of the property at 5 Apr 2015 and the sales proceeds.In your case,the base cost would be approx £325,000 and if you sell it for say £325,000 then there is no gain and therefore no CGT payable.More information on this can be found here
I hope this is helpful and answers your question.
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