Stamp Duty in Wales (LTT)

Quick answer

Wales uses Land Transaction Tax (LTT), not stamp duty. Rates are 0% up to £225,000, 6% to £400,000, 7.5% to £750,000, 10% to £1.5m, and 12% above. No first-time buyer relief. Second homes pay an additional 4% surcharge.

LTT rates in Wales

£0 - £225,000
0%
£225,001 - £400,000
6%
£400,001 - £750,000
7.5%
£750,001 - £1,500,000
10%
Above £1,500,000
12%

No first-time buyer relief in Wales

Unlike England and Scotland, Wales has no specific first-time buyer relief. All buyers use the same LTT rates.

Higher rates for additional properties

Welsh second home buyers pay 4% higher rates on the full purchase price (compared to 3% in England, 6% in Scotland).

Sources

  1. Welsh Revenue Authority, Land Transaction Tax rates and bands, gov.wales, accessed 24 June 2026