Capital Gains 2nd Home Options

[GTIfarmer]

Looking for some friendly advice/experience
For context
12 years ago I purchased a 2nd home for my parents to live their.. to be both near us (as they lived in rented accommodation 120 miles away) and help with child care. Was not rented to them as saving on child care costs more than paid for it.

Fast forward to today both parents are realistically not going to be around as both have conditions that are life limiting. Me been pragmatist I have now paid off the mortgage and realistically the house purchased was £100k now I recon is worth £200k.

I understand that any profit i.e £100k would be subject to capital gains tax and am looking for mitigation options (legal obviously) . Welcome thoughts just a couple to critique my thinking..
1) can I transfer ownership to my daughter who is under 18. Thinking is that she can use the funds for uni and deposit for her first home or whatever.
2) Transfer it to my wife (the home is just in my name), our main home is joint owned.

My wife and myself are higher rate tax payers (just!) if that’s any consequence.

Thanks in advance

[jrb43]

Watching with (vested) interest. My understanding (not an expert) is that if you gift the house to either your spouse or daughter, you are correct - you won't be liable for CGT. They will however when they come to sell it. I suppose you'd reduce your CGT liability by giving it to your daughter as she'd be a lower rate tax payer. Giving it to your wife would gain nothing. I think.