LTT to pay: £7,500. Effective rate 2.14%.
Estimate only — your conveyancer or solicitor will confirm the final LTT due.
For a £350,000 property in Wales as a home mover, you pay no LTT on the first £225,000 and 6% on the next £125,000. Your estimated LTT is £7,500 (an effective rate of 2.14%).
What you'd pay as each buyer type
| Buyer type | LTT | vs home mover |
| Home mover · selected | £7,500 | — |
| First-time buyer | £7,500 | — |
| Additional property | £24,950 | +£17,450 |
Wales (LTT) has no first-time buyer relief, so home movers and first-time buyers pay the same.
How it's calculated, band by band
| Band | Rate | Tax |
| £225,000–£400,000 | 6% | £7,500 |
| Total | £7,500 |
Land Transaction Tax rates in Wales (2026)
There's no Stamp Duty in Wales — it was replaced by Land Transaction Tax (LTT) in 2018, collected by the Welsh Revenue Authority. Main residential rates:
| Portion of the price | LTT rate |
|---|---|
| Up to £225,000 | 0% |
| £225,001 – £400,000 | 6% |
| £400,001 – £750,000 | 7.5% |
| £750,001 – £1.5m | 10% |
| Over £1.5m | 12% |
Wales has no first-time buyer relief — a buyer purchasing for £225,000 or less pays no LTT, but the same main residential rates apply to all buyers.
Higher rates — second homes & buy-to-let
An additional residential property costing £40,000 or more uses a separate, higher schedule:
| Portion of the price | Higher rate |
|---|---|
| Up to £180,000 | 5% |
| £180,001 – £250,000 | 8.5% |
| £250,001 – £400,000 | 10% |
| £400,001 – £750,000 | 12.5% |
| £750,001 – £1.5m | 15% |
| Over £1.5m | 17% |
If you're replacing your main home, you can usually reclaim the higher-rate amount from the Welsh Revenue Authority if you sell your previous main residence within three years. Compare England, Scotland and Wales side by side on the main stamp duty calculator.
Stamp duty examples
Wales (LTT) examples using 2026 rates. Select one to load it into the calculator.
Stamp duty FAQ
Is there stamp duty in Wales?
Not as such. Wales replaced Stamp Duty Land Tax (SDLT) with Land Transaction Tax (LTT) in April 2018, collected by the Welsh Revenue Authority. People still search for “stamp duty in Wales”, but the tax you actually pay on a Welsh property is LTT.
What are the LTT rates in Wales?
For a main residential purchase in 2026: 0% up to £225,000, 6% on the part from £225,001 to £400,000, 7.5% to £750,000, 10% to £1.5m, and 12% above £1.5m. LTT is charged in slices, so you only pay each rate on the portion of the price within that band.
Is there first-time buyer relief in Wales?
No. Wales has no first-time buyer relief — the same main residential rates apply to everyone. The 0% band does run all the way to £225,000 (higher than England’s standard nil-rate), so a buyer purchasing for £225,000 or less pays no LTT.
What are the higher rates on a second home in Wales?
Additional residential properties costing £40,000 or more use a separate higher-rate schedule: 5% up to £180,000, 8.5% to £250,000, 10% to £400,000, 12.5% to £750,000, 15% to £1.5m and 17% above. It applies to second homes, holiday homes and buy-to-let.
Can I get a refund of the higher-rate LTT?
Yes, if the extra property was a replacement main residence. If you buy your new main home before selling the old one you pay the higher rate, but you can usually reclaim it from the Welsh Revenue Authority if you sell the previous main residence within three years.
When do I pay Land Transaction Tax?
An LTT return and payment are due within 30 days of the effective date, which is usually completion. In practice your solicitor or conveyancer files the return and pays the tax for you as part of the purchase.
Related calculators & guides
Sources — official UK figures
Last reviewed June 2026 against official rates · How we calculate →
This calculator covers standard residential Land Transaction Tax (LTT) purchases in Wales, using rates current for 2026. It doesn't model mixed-use or non-residential property, company or trust purchases, linked transactions, Multiple Dwellings Relief, the separate Welsh Local Authority higher-rate refund, or every exemption. A Land Transaction Tax return and payment are due within 30 days of the effective date — usually completion — and your conveyancer normally handles this. This is an estimate, not advice. Verify with the Welsh Revenue Authority.