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Selling Your House to a Family Member: What to Know

A discount can be a gift for tax purposes.

Selling Your House to a Family Member: What to Know Residential Property Services in London

Updated October 2026 · Fraser Bond

Selling · Family

Selling to a relative

Valuationfirst
Giftedequity
IHT7-year rule
Solicitorsfor both
In short: You can sell your home to a family member privately, without an agent, but you still need solicitors and, if they borrow, a lender's valuation. If you sell below market value, the discount may count as a gift for Inheritance Tax and can be treated as a disposal at market value for Capital Gains Tax if the property isn't your main home. Lenders often accept "gifted equity" as a deposit. Get an independent valuation, take tax advice, and put everything in writing so other family members see it as fair.

Frequently asked questions

Do I need an estate agent?

No, but a valuation helps.

Is a discount a gift?

Often, for tax purposes.

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Talk to our team or get a free valuation.

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