LTT rates for homes in Wales
| Portion of the price | Main rates |
|---|---|
| Up to £225,000 | 0% |
| £225,001 to £400,000 | 6% |
| £400,001 to £750,000 | 7.5% |
| £750,001 to £1.5 million | 10% |
| Over £1.5 million | 12% |
| Portion of the price | Higher rates (from 11 December 2024) |
|---|---|
| Up to £180,000 | 5% |
| £180,001 to £250,000 | 8.5% |
| £250,001 to £400,000 | 10% |
| £400,001 to £750,000 | 12.5% |
| £750,001 to £1.5 million | 15% |
| Over £1.5 million | 17% |
Higher rates apply to second homes and buy-to-let properties of £40,000 or more. Unlike England and Scotland, Wales has no special relief for first-time buyers, but the 0% band is higher.
Worked examples
- Main rates, £300,000: 6% on £75,000 = £4,500.
- Higher rates, £300,000: 5% on £180,000 (£9,000) + 8.5% on £70,000 (£5,950) + 10% on £50,000 (£5,000) = £19,950.
For England and Northern Ireland use the stamp duty calculator; for Scotland the LBTT calculator.
Sources
Frequently asked questions
How much LTT do I pay on a £300,000 house in Wales?
£4,500 at the main residential rates, or £19,950 at the higher rates for an additional property.
Is there first-time buyer relief in Wales?
No. Wales has no separate first-time buyer relief, but no LTT is due on the first £225,000 for anyone buying a main home.
When do the higher LTT rates apply?
When you buy an additional residential property of £40,000 or more, such as a second home or buy-to-let, and are not replacing your main home.
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Last updated October 2026.