I want to downsize and have seen the perfect property, although mine is not on the market yet.
I can (probably) manage to finance the move before selling mine, but if I do that what are the implications when I do come to sell? Capital Gains Tax, Stamp Duty? Is there a period of grace when it can still count as my home for tax purposes?
I'm thinking as well as making me chain free, it would be good to be able to move declutter gradually over a few months.
Also DS needs to find somewhere to live, which he plans to do. If the dates didn't quite tie up, could I leave him living in the house pending sale? How long for? Does it make a difference if he's paying rent?
Just thinking aloud really, and wondering how I can make this happen.