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A simple guide to the Angela Rayner house row

A simple guide to the Angela Rayner house row

Questions about her living arrangements have been raised since an an unauthorised biography of her, written by Tory peer Lord Ashcroft, was published last month.

Ms Rayner bought her former council house in Vicarage Road, Stockport under the right-to-buy scheme in 2007.

Eight years later, following her marriage in 2010, she sold the property for £48,500 more than she paid.

She initially said she didn’t pay Capital Gains Tax (CGT) on the profit, because, like the “majority of ordinary people who sell their own homes,” it was “my home and the only one I owned”.

Those selling their “main residence” typically don’t have to pay the tax.

But married couples and civil couples can normally only count one property as their main home for CGT purposes, prompting questions over whether she should have paid some.


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