Home mover
£7,500
2.1% of the price
Stamp Duty on a £350,000 Property in Wales (2026)
£7,500
Land Transaction Tax (LTT) on a £350,000 property for a home mover or single-property buyer. Effective rate 2.1%. Source: Welsh Revenue Authority.
First-time buyer
£7,500
No relief exists in Wales
Additional property
£24,950
£17,450 more than a home mover
How the £7,500 is built up
| Portion of the price | Rate | Amount in band | Tax |
|---|---|---|---|
| £0 to £225,000 | 0% | £225,000 | £0 |
| £225,000 to £350,000 | 6% | £125,000 | £7,500 |
| Total | £7,500 | ||
What each type of buyer pays
| Buyer | Tax | Effective rate | Why |
|---|---|---|---|
| Home mover or only property | £7,500 | 2.1% | Standard rates |
| First-time buyer | £7,500 | 2.1% | Wales offers no first-time buyer relief |
| Additional property or second home | £24,950 | 7.1% | Higher-rate table |
Work out a different price
£7,500
LTT on a £350,000 property in Wales. That is an effective rate of 2.1%.
The same property in the other UK nations
| Nation | Tax | Home mover pays | Difference |
|---|---|---|---|
| England & Northern Ireland | SDLT | £7,500 | - |
| Scotland | LBTT | £8,350 | +850 |
| Wales | LTT | £7,500 | - |
Full £350,000 comparison across England, Scotland and Wales, for every buyer type
Common questions
How much stamp duty do I pay on a £350,000 property in Wales?
£7,500 if you are a home mover or this is your only property. Wales has no first-time buyer relief, so a first-time buyer pays the same £7,500. An additional property or second home costs £24,950.
What is the tax called in Wales?
Land Transaction Tax (LTT), collected by Welsh Revenue Authority. People commonly call all of the UK's property purchase taxes "stamp duty", but Wales uses LTT.
Why is the additional property figure so much higher?
Wales applies a separate higher-rate table to additional properties, charging more in every band. It applies where the price is £40,000 or more.
Source: Welsh Revenue Authority. Rates effective from 10 October 2022, verified 9 August 2026. Figures are computed from the published rate tables and checked against Welsh Revenue Authority’s own calculator.