Can I Sell My House to My Daughter Below Market Value for Inheritance Tax?

RecentNews.uk

Selling a house below market value to a relative is treated by HMRC as a partial gift.

HMRC assesses Capital Gains Tax based on open market value, not the reduced sale price.

Living in the property after selling it can invalidate standard inheritance tax exemptions.

Professional legal and financial advice is essential before making any property transfers to family.

Should parents be allowed to pass down property tax-free to their children?

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