Remortgage and adding my name to title - need help!

Foxy-Stoat_3

1. Private Residence Relief

You don’t pay Capital Gains Tax when you sell (or ‘dispose of’) your home if all of the following apply:

• you have one home and you’ve lived in it as your main home for all the time you’ve owned it
• you haven’t let part of it out - this doesn’t include having a single lodger
• you haven’t used part of it for business only
• the grounds, including all buildings, are less than 5,000 square metres (just over an acre) in total
• you didn’t buy it just to make a gain

You don’t need to do anything. You’ll automatically get a tax relief called Private Residence Relief.
If you don’t meet all these criteria you may have to pay some Capital Gains Tax.


^^^^^^^^^^^^^^^^^^^ From gov.uk for CGT. ^^^^^^^^^^^^^^^^^^^^