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Im getting married in April and need to make a decision regarding our property for our options especially regarding tax purposes.I have 2 house, one is a student let with a BTL mortgage of £150,000 left and the other my primary residence. that has the mortgage already paid off. My partner has one property. We’d like to buy together but are unsure what to do with the properties. If we rent three and not sell any, how does this affect our tax? Should we sell all three? Could you advise us what our options are please. |

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    UKtaxadvisor/Expert

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    Selling your main or only residence is usually exempt from tax. A sale of a rental property may give rise to a gain that may be taxed at rates of up to 28%. We have emailed you a quote for assistance.

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