I await your urgent reply
David, thank you for your patience.Based on information provided, the good news is that there is NO CGT payable on gain made as it is covered by reliefs and allowances as follows: - Private residence relief for the period the property was your main residence - Final 18 months of ownership as the property was your main residence as some point during period of ownership - Letting relief to cover period let during period of ownership - Gains annual exempt amount £11,100 each.More information on PRR is covered in HMRC helpsheet hs283 here https://www.gov.uk/government/publications/private-residence-relief-hs283-self-assessment-helpsheet/hs283-private-residence-relief
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.
There was of course solicitors when we purchased the property, and there will be solicitors fees when we sell the property. Also there has been agents fees and other costs, insurance, gas inspections etc. will this make any difference to you nil CGT calculation and put us into tax liability or not?