What are the taxes involved with Selling a property in the UK? Greater London Properties explains..

UK taxation is a minefield and is constantly changing. Greater London Properties interviewed Matthew Sutton, Partner at Burgess Hodgson to find out exactly what is involved in selling a property and when, from a tax point of view - is the best time to sell..

Here at Greater London Properties we pride ourselves on providing our clients will a full 360 service when it comes to selling a property. From tax advice to mortgages, surveyors to removal companies, we have teamed up with who we feel are the most trusted and efficient people in the industry in order to provide a Full Sales Service.

One of the biggest questions we are asked by all our clients, Vendors and Landlords is around taxation and what allowances can be made. In the interview below our trusted advisor Matthew Sutton from Burgess Hodgson, Chartered Accountants runs through the following questions;

  1. What are the tax consequences if I sell my property in the current market at a gain/ at a loss?
  2. What are the CGT implications if now I sell vs if I sell in a year?
  3. How best to utilise CGT allowance ?
  4. Can I defer capital gains tax when selling a property?
  5. What are the implications of the new tax laws (if any) for property owners?
  6. Are there any special tax considerations for commercial properties?
  7. Stamp duty – first time purchase any relief?, second home purchase , buy to let stamp duty consequences


  • This is general tax advice based on the guidelines on the date of recording Thursday 13th July 2023

We hope you find it as informative and interesting as we did, and if you have any questions please get in touch with our Sales Team on 0207 734 4062.

In the mean-time if you are looking to Sell Your Property, please get in touch and we can find a time that suits you.

Warmest Regards

Kate Hill, Director




Get in touch with us

Former Lord Mayor Jon Glanz shares what it’s like working with GLP. We know London and South East a competitive place when it comes to estate agents—so why do so many clients choose us?

Valuing properties in London is part art, part data science, and part instinct built on years of doing the job, street by street. At Greater London Properties (GLP), we know that no two homes and no two sales are ever the same. And that's especially true in a market as fragile and nuanced as different parts of London.

Selling in Central London? You’ve come to the right place. At Greater London Properties (GLP), we’ve been helping homeowners sell successfully in the capital’s most competitive postcodes since 2003.

We thought it might be helpful to outline the key steps involved when selling — focusing specifically on the legal and administrative side of things.