Land Transaction Tax (LTT)

Wales replaced Stamp Duty Land Tax with Land Transaction Tax on 1 April 2018. LTT is administered by the Welsh Revenue Authority, not HMRC. Current LTT rates for residential property purchases are as follows:

• Up to £225,000 — 0%
• £225,001 to £400,000 — 6%
• £400,001 to £750,000 — 7.5%
• £750,001 to £1,500,000 — 10%
• Over £1,500,000 — 12%

Higher Rates for Additional Properties

Higher rates apply for additional residential properties. A 4% surcharge applies on each band for buyers who already own a residential property. LTT is paid by the buyer, not the seller — but as a seller, understanding it matters. Buyers factor transaction tax into their budgets, and knowing which price brackets attract more or less tax helps you and your agent position your asking price effectively.

What Stays the Same as England

The majority of the selling process is identical whether you are selling in England or Wales. The following apply in the same way:

• The conveyancing process and solicitor requirements
• Property Information forms — TA6, TA10, and TA7 for leasehold properties
• Land Registry registration
• EPC requirements
• Material Information requirements under the National Trading Standards framework

Welsh Language Considerations

Property marketing in Wales may include Welsh language elements. Estate agents operating in Wales may produce bilingual marketing materials, and some buyers may request Welsh language correspondence. This does not affect the legal conveyancing process, but sellers should be aware when reviewing marketing materials from their estate agent.

Getting Sale Ready in Wales

The preparation process is the same whether you're selling in England or Wales. Property Sale Pack covers all the key steps — from completing your property information forms to gathering certificates and understanding what buyers and solicitors will need from you. Being sale ready before you go to market reduces the risk of delays and fall-throughs regardless of which side of the border your property sits.