LTT on a £275,000 property in Wales
LTT on a £275,000 residential property in Wales for a first-time buyer is £3,000.
Rates verified against Welsh Revenue Authority on 2026-09-04. Source.
Band-by-band breakdown| Band | Taxable amount | Rate | Charge |
|---|
| Up to £225,000 | £225,000 | 0% | £0 |
| £225,001 – £400,000 | £50,000 | 6% | £3,000 |
- Wales has no first-time-buyer relief; the Welsh Government's stated position is that the high nil-rate band serves the same purpose.
- You must file and pay within 30 days of completion.
See the full Wales rates, therates hub, how this figure is calculated, or compare all three nations at this price.