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  • @Greenbank thanks mate. thats the kind of summarised info I need - really useful. I'll try and back that up with my own research, but I really do find it baffling. I'm trying to arrange a meeting with someone to give her some solid advice as well - thanks.

    @diable yeah agree need some proper advice on this, I'm just trying to get as much info as possible and try and distill it to give her some facts to work with. Its the renting out bit which concerns me as I think that'll make things far more complicated.

    Her house is in Dorset in a little town called Sherborne, I'm not totally sure why people are pulling out last minute. Whether its the current market in this area (not a huge demand possibly) and the price bracket but out of three buyers that put down offers and went quite far through the process they have pulled out for various reasons all of which sounded odd at that late stage.

    Thanks again. Much appreciated.

  • Yep - 18 months to sell to avoid CGT, but since the market's unlikely to rocket in the next 18 months that may not even be a thing.

    She'll have to pay 3% extra stamp duty as she's buying a second home but she'll get it back when she sells the old house.

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