Find your new home
Find your new home
Where would you like to live?

Find your new home

How many bedrooms would you like?

  • One bedroom
  • Two bedroom
  • Three bedroom
  • Four bedroom
  • 5+ bedrooms

What property style are you looking for?

  • Detached
  • Semi-Detached
  • Terraced
  • Apartments
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  • Town House

Distance

40 miles
0 miles
100 miles

Land Transaction Tax

The Welsh Government have announced changes to the residential rates and bands of Land Transaction Tax.

Discover all you need to know about Land Transaction Tax and how much you may need to pay when purchasing your new home by using our Land Transaction Tax payment calculator.

What is Land Transaction Tax?

Land Transaction Tax, often referred to as LTT is the tax paid on property purchases in Wales. It's the Welsh equivalent of the stamp duty that people pay in England, or Land and Buildings Transaction Tax (LBTT) in Scotland.

LTT is one of the tax liabilities that has been devolved from the Westminster government, and it replaced stamp duty land tax in Wales in 2018.

 

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How much will I have to pay?

If the property you are purchasing is your main residence and is below £225,000 you won’t need to pay any Land Transaction Tax. However, if it is over this, there are several rate bands. The tax is calculated on the part of the property purchase price falling within each band.

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Land Transaction Tax Rates

HOUSE PRICE (MINIMUM)
HOUSE PRICE (MAXIMUM)
LAND TRANSACTION TAX RATE
£0
£225,000
0%
£225,001
£400,000
6%
£400,001
£750,000
7.5%
£750,001
£1.5 million
10%
Over £1.5 million
-
12%

Work out the cost of Land Transaction Tax

Use the calculator below to work out how much Land Transaction Tax you will need to pay on your new home.

Required LTT £0

Land Transaction Tax on second or buy-to-let homes

If you already have a residential property, and are looking to purchase an additional property such as second home or a buy-to-let property, you will be charged an extra 4% in Land Transaction Tax on top of the current rates for each band, but properties costing £40,000 or less are exempt.

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Home buyer guides

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Step One

Finding your new home

All of our homes are in sought after locations and with such a wide range of options you can find the Redrow home that is perfect for you.
Finding your new home
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Step Two

The buying process

Our Sales Team can put you in touch with recommended specialists to assist you throughout the house buying process.
The Buying Process
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Step Three

From exchange to completion

Our team will keep you up to date every step of the way and will ensure you receive all the information and support you need.
From Exchange to Completion
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Step Four

Your guide to moving

Our guide to moving house covers a checklist of everything that you need to do from before the move, until after you have moved in.
Your Guide to Moving