http://www.hmrc.gov.uk/cgt/property/sell-own-home.htm
Mainly because on the link above it’s says “The main reason you bought the property was to make a quick profit from the sale”, under the restrictions bit.
I’m basically wondering if there’s if a definate length of time “a quick profit” applies to?
To put this all in context, it wouldn’t be a one off, forulating plans to buy cheap/run down, quickly do up to vaguely liveable, then live in a place for a short period, do up properly, then sell on, as trades etc are a dawdle(the experience is there), so all cost price, well apart from time and effort.
even if the worst came to worst and the profits didn’t turn out that high i reckon the worst you would be would be living rent free for a while.. all abot property choice obviously..