Wales Land Transaction Tax (LTT)
What a buyer pays at settlement in Wales — the real property transfer tax rate, plus your conveyancing solicitor, inspection and registration, with a calculator that uses Wales's actual bands.
- Land Transaction Tax (LTT) on £290,000
- £3,900
- First-home relief
- See notes — varies / conditional.
Land Transaction Tax (LTT) bands
Marginal — each rate applies only to the slice of the price within that band.
| Portion of price | Rate on that portion |
|---|---|
| Up to £225,000 | Nil |
| £225,000 – £400,000 | 6% |
| £400,000 – £750,000 | 7.5% |
| £750,000 – £1,500,000 | 10% |
| Over £1,500,000 | 12% |
Land Transaction Tax (LTT) in Wales at a glance
What the land transaction tax (ltt) works out to at common United Kingdom home prices, computed from the bands above.
| Home price | Land Transaction Tax (LTT) |
|---|---|
| £250,000 | £1,500 |
| £350,000 | £7,500 |
| £500,000 | £18,000 |
| £750,000 | £36,750 |
| £1,000,000 | £61,750 |
Wales buying-cost calculator
Pre-set to Wales. Adjust your price and deposit.
Estimated upfront costs
£7,450
≈ 2.57% of the price · excludes your deposit
property transfer tax alone
£3,900
the biggest single line
Line-by-line breakdown
How buying costs work in Wales
Wales replaced UK stamp duty with LTT in 2018. The main-residence £225,000 nil-rate band is the highest in the UK. Rates are marginal across the bands.
On a £290,000 home, Wales's land transaction tax (ltt) comes to roughly £3,900. On top of that you'll pay your conveyancing solicitor, an inspection and registration — all built into the calculator above.
First-home buyers: Wales has no first-time-buyer relief — but its £225,000 nil-rate band is the UK's highest, so most lower-priced first homes pay no LTT anyway.
Foreign buyers: Additional properties pay higher residential rates on a separate, steeper band table (from 5%).
Source: Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017; main rates effective 10 October 2022. Official source ↗
Frequently asked questions
How much is Land Transaction Tax (LTT) in Wales?
On a £290,000 home in Wales, Land Transaction Tax (LTT) is about £3,900. It's charged on marginal price bands — see the table above — so it changes with your price. Wales replaced UK stamp duty with LTT in 2018. The main-residence £225,000 nil-rate band is the highest in the UK. Rates are marginal across the bands.
Do first-home buyers get a break in Wales?
Wales has no first-time-buyer relief — but its £225,000 nil-rate band is the UK's highest, so most lower-priced first homes pay no LTT anyway.
What about foreign buyers in Wales?
Additional properties pay higher residential rates on a separate, steeper band table (from 5%).
Other uk nations
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