In 2005 I bought my daughter an apartment for £132000, which I bought outright. She since moved out of the apartment and is buying a house with a mortgage. If she now sells the apartment, which is in her name, will she have to pay CGT?
As I understand it, as you gave her the property and it has been her main address for all this time, then no, as you pay no CGT on your main place of residence.
If you'd retained title, then you'd be liable for CGT as you'd have made the gain.
CJP is correct. The terminology used by HMRC is 'Principal Private Residence'.
There is some more stuff on it here, but you and your daughter seem to be clear of any CGT liability on any gain, which would only have been assessed on the difference between what she sells at now minus £132k.
http://www.direct.gov...ntalIncome/DG_4020890