Capital Gains Tax rates for residential property remains unchanged in the UK Budget The Chancellor has announced that capital gains tax (CGT) on the sale of residential properties will not rise. The move is designed to stimulate the sale of properties and the transfer from landlords and second homeowners to owner occupiers. At Aldreds we experienced the muted rise in CGT on residential property was causing a degree of panic as sellers pushed completions through pre budget. If you are thinking of disposing of your buy to let property or holiday home on the back of this positive news call Aldreds today. We would be delighted to help!