LTT on a £225,000 house in Wales
Buying a £225,000 home in Wales? A home mover pays £0 Land Transaction Tax, 0% of the price.
- Main rates
- £0
- Second home or buy-to-let
- £12,825
- Same price in England
- £2,000
- HMRC 2026/27 rates
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LTT on a £225,000 property in Wales is £0 for a home mover and £12,825 for a second home or buy-to-let.
How £0 is worked out
| Portion of the price | Rate | Tax |
|---|---|---|
| £0 to £225,000 | 0% | £0 |
| Total stamp duty | 0% | £0 |
£225,000 across the UK
Property tax on a home mover's £225,000 purchase in each nation. Wales has the highest nil rate band at £225,000, so cheaper homes pay less than in England.
The rest of a £225,000 purchase
With a 10% deposit you would borrow about £202,500. At 4.5% over 25 years that is £1,126 a month (see a £200,000 mortgage). Most lenders would want a household income of around £44,000: what £44,000 can borrow.
LTT on nearby prices
Questions people ask
Do first-time buyers pay less LTT on £225,000?
No. Wales has no first-time buyer relief, so first-time buyers pay the same £0 as anyone else. The nil rate band is already £225,000 for everyone.
How much LTT is due on a £225,000 second home or buy-to-let?
£12,825, using the higher residential rates that start at 5% from the first pound.
How does Wales compare with England on £225,000?
In England a home mover pays £2,000 stamp duty on £225,000, £2,000 more than the £0 LTT in Wales.