LTT on £725,000 (Wales)
Not legal advice. This page has not been reviewed by a solicitor. The figures are official statistics run through our calculators, not a quote.
Rates last checked at source: 2026-11-02.
How much LTT is there on £725,000?
As of November 2026, LTT on a £725,000 home in Wales is £34,875 for a home mover or first-time buyer and £70,575 for a second home or buy-to-let. The figures below show each band and how the rate builds up, from the published Land Transaction Tax rates.
Updated
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Get a conveyancing quoteLand Transaction Tax on £725,000 by buyer
| Buyer | Tax | Effective rate |
|---|---|---|
| Home mover or first-time buyer | £34,875 | 4.81% |
| Second home or buy-to-let | £70,575 | 9.73% |
Home mover or first-time buyer: the bands
| Part of the price | Rate | Tax |
|---|---|---|
| £0 to £225,000 | 0% | £0 |
| £225,000 to £400,000 | 6% | £10,500 |
| £400,000 to £750,000 | 7.5% | £24,375 |
Second home or buy-to-let: the bands
| Part of the price | Rate | Tax |
|---|---|---|
| £0 to £180,000 | 5% | £9,000 |
| £180,000 to £250,000 | 8.5% | £5,950 |
| £250,000 to £400,000 | 10% | £15,000 |
| £400,000 to £750,000 | 12.5% | £40,625 |
Nearby prices: LTT on £700,000 (Wales) · LTT on £750,000 (Wales). Any other price: the Land Transaction Tax calculator.
More questions about LTT on £725,000
What is the effective rate of LTT on £725,000?
4.81% for a home mover or first-time buyer in Wales: £34,875 on £725,000. The rates are banded, so the top rate applies only to the part of the price in the top band.
Source: Welsh Revenue Authority, Land Transaction Tax rates and bands, rates checked 2 November 2026.
How much LTT is there on a second home at £725,000?
£70,575, £35,700 more than a home mover pays, at the higher residential rates.
Source: Welsh Revenue Authority, Land Transaction Tax rates and bands, rates checked 2 November 2026.
Where does the next LTT band start above £725,000?
The home-mover rate of 7.5% applies up to £750,000, £25,000 above this price; above that the next band's rate starts.
Source: Welsh Revenue Authority, Land Transaction Tax rates and bands, rates checked 2 November 2026.
What are the legal fees on a £725,000 home?
Published market ranges put the legal fee for a freehold purchase at £1,320 to £2,160 including VAT, and HM Land Registry's registration fee at this price is £295. Work out your own with the conveyancing fees calculator.
Source: Conveyancing Index, How much does conveyancing cost?, updated 3 July 2026; HM Land Registry, Registration Services fees, checked 30 October 2026.
Questions
How much LTT is there on a £725,000 house?
Sources
- Welsh Revenue Authority: Land Transaction Tax rates and bands
- Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017
Tax worked out with the published Land Transaction Tax rates, last checked at source on 2026-11-02. Contains public sector information licensed under the Open Government Licence v3.0. This page is general information, not legal advice, and hasn't been reviewed by a solicitor. Instrukt is not a law firm.