Sell or rent?

[oldnbold]

Prizam said:

So i guess then, the best option is for me to move from one house to another. Prehaps liberating some cash from my first property and then once the dust has settled. Buy another smaller property that wont hurt so much on the stamp duty?

Or will i also get fked over with capital gains if i take any money out of the old house?

There is no capital gains tax to pay from selling a property that has been your primary residence, so yes this might be your best option.

Also it's often hard for wives/partners to deal with the way that BTL houses may be treated by tenants when it has formally been your home.

You will also have the oportinity to select a property in an area that will give you best yeild/capital growth which your current house may not do.