Capital gains tax on gifting property?

Hi I lived in a property for 20 years with my first husband. The house was solely in his name. When we divorced the house transferred to me. I have since remarried and I no longer live there. I would like to transfer the property to my son. Will I be liable for capital gains tax? Thank you.

Hi,
Yes as this is seen as a disposal and it is no longer your main residence.
Capital Gains Tax: what you pay it on, rates and allowances
Thank you.

Hi, my understanding is that I won’t be liable for the 20 years I lived there (when it was my main residence) but I will for the 10 years that I haven’t. Is that correct?

Hi,
Yes, you can claim Private Resdience Relief for the period it was your main residence.
Thank you.