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principal private residence relief

principal private residence relief on new build

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I sold my house last year, I kept part of the land, on this land I have built a bungalow, it is due for completion soon and after viewing I have decided that this property will be to small for my requirements,   I currently live in rented, if I decide to sell the bungalow will I qualify for principal private residence relief ??

I do not own any other property

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