I bought a property for £95,000 in 2001 and lived in the property for over 6 years. I then decided to keep/rent this property, re-mortgaging for a new property. I re-mortgaged the property for £175,000 as it was valued at 240,000.
If i wanted to sell the property now - how much CGT would I have to pay?
I still have £200,000 outstanding on my mortgage i live in.
I have always done a self cert on the rented property paying my taxes etc! Any help please?