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

Recent data from TwentyEA paints a worrying picture: this summer, 62% of homes across England had to reduce their asking price. That’s nearly two-thirds of sellers who were told their home was worth more than buyers were actually prepared to pay. It’s not that the market is weak — in fact, demand remains solid, with over 72% of homes going ....

First of all, thank you for choosing GLP to sell your home. We’re genuinely excited to get started and to tell your property’s story in the very best possible light.

You’ve launched your property, interest is building, and viewings are underway — congratulations! This is the stage where all the preparation pays off. It’s exciting, but it can also feel like a lot to take in.

If your home has been sitting on the market with no progress, you’re not stuck. Switching estate agents is easier than you think, if you understand your contract and prepare properly. Here’s the truth, the timelines and the process to relaunch with impact.