I've recently bought a new house with my partner but haven't sold my current house yet. It needs a bit of work which coincides with my brother needing somewhere to stay for a few months.
My plan is to do the works required and put it up for sale early next spring.
Will I be liable for captial gains tax on the profits of the sale if its not my primary residence for 7 or 8 months?
Is there a grace period for property being classified your primary residence or is it deemed not the day you move out?
We are moving into new house this month.