Inherited property
Will the estate pay inheritance tax?
Most estates pay no IHT. See the £325k nil-rate band, the extra £175k residence band when a home passes to children or grandchildren, and the 40% on anything above.
- 2025/26 bands
- Estimate
How it works
Estate value
total
Allowances
£325k + £175k
IHT @ 40%
above bands
What you'll see
- Your total tax-free allowance
- The taxable amount, if any
- An indicative IHT figure
- A clear next step if the home must be sold
Indicative inheritance tax
£0
40% of the £50,000 above the allowance.
- Nil-rate band£325,000
- Residence nil-rate band£175,000
- Total tax-free allowance£500,000
- Taxable estate£50,000
Estimate only. IHT is complex — transfers between spouses, gifts, trusts and business relief all change it. Take professional advice; this is a guide.
Need to sell to settle the estate?
If the home has to be sold — often to pay IHT within the deadline — a fast cash sale gives certainty once probate is granted. Run a free Cash Offer Check.
Get cash offer- No fees
- No lock-in
- Offer-lock in writing
- A funded buyer
Thinking of selling?
See what a cash sale would net you
A fair, no-obligation cash offer in days — no fees, no lock-in. Weigh it against the open market before you decide.