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Can You Sell Your House for £1?

Quick answer, plus our full guide.

Can You Sell Your House for £1? Property Legal, Risk & Compliance

Updated October 2026 · Fraser Bond

Tax

Selling for £1

Legalyes
Taxmarket value
IHT7 years
Guidebelow
In short: Yes, you can sell a house for £1, but for connected people HMRC uses market value for capital gains tax, the undervalue is a gift for inheritance tax, and the buyer pays stamp duty on the price paid plus any mortgage taken over. Our full guide explains the traps.

Frequently asked questions

Is it legal?

Yes.

Need a valuation?

Talk to our team or read the full guide.

Speak to our teamRead the full guide

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