A Better Way To Live
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
  • Bungalow
  • Town House

Distance

40 miles
0 miles
100 miles

Learn more about 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 (LTT), is a tax due on all residential property and land purchases in Wales, new or pre-owned, costing more than £180,000 (or more than £40,000 for second homes). Please note tax rates differ between Wales and England.

Land-Transaction-Tax---Exterior-1

How much will I have to pay?

If the property you are purchasing is your main residence and is no more than £180,000 you won’t need to pay any Land Transaction Tax. However, if it is over £180,000, there are several rate bands. The tax is calculated on the part of the property purchase price falling within each band.

Use the calculator below to work out how much Land Transaction Tax you will need to pay on your new home.
Land-Transaction-Tax--Kitchen-1

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

If you already have a residential property, such as second home or a buy-to-let property, you will be charged an extra 3% in Land Transaction Tax on top of the current rates for each band, but properties costing £40,000 or less are exempt.

Land-Transaction-Tax--Exterior-2

Land Transaction Tax Rates

House Price (Minimum)
House Price (Maximum)
Land Transaction Tax Rate
£0
£180,000
0%
£180,001
£250,000
3.5%
£250,001
£400,000
5%
£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

Required LTT £0

Ways to help you move

Discover how easy and affordable moving into a new Redrow home can be when you use our range of incentives that are designed to help you move.

 
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HELP TO SELL

Sell, save and move with confidence using Help to Sell

A beautiful new home and a great way to move from a company you can trust. Help to Sell is easy and convenient.  
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Help-to-Buy

Help to Buy

Move today using Help to Buy with only a 5% deposit

Help to Buy equity loans are available on new build homes up to the value of £600,000 in England and up to £300,000 in Wales to first tim...
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Early Bird

Be the first to reserve your new home with Early Bird

Reserve your Redrow home before its official release for sale with no obligation to proceed if you change your mind.
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