Stamp duty on £500,000 in Wales
LTT for a £500,000 property in Wales, 2026/27 rates.
Home mover£18,000
First-time buyer£18,000
Additional property / BTL£42,450
Effective rate (mover)3.6%
How the £18,000 is worked out
£0 – £225,000 at 0.0%£0
£225,000 – £400,000 at 6.0%£10,500
£400,000 – £500,000 at 7.5%£7,500
Wales has no first-time-buyer relief — standard rates apply.
Higher residential rates (separate band table, from 11 Dec 2024).
Common questions
How much stamp duty on a £500,000 house in Wales?
For 2026/27, LTT on a £500,000 home in Wales is £18,000 for a home mover — an effective rate of 3.6% of the purchase price.
Do first-time buyers pay stamp duty on £500,000?
Yes. A first-time buyer pays £18,000 on a £500,000 home in Wales.
What about a second home or buy-to-let at £500,000?
An additional property at £500,000 in Wales attracts £42,450 in LTT, £24,450 more than a main residence.
Same price elsewhere — and what you'd need to earn
Compare £500,000 in England & NI or £500,000 in Scotland. At a typical 4.5× income multiple, a £500,000 purchase needs a salary around £110,000 — see what £110,000 takes home after tax.
Estimate for 2026/27. Not financial advice.