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