The latest articles relating to the private rented sector
Landlords in Wales will see Land Transaction Tax (LTT) rise, with those with high value properties seeing the surcharge increase to a massive 17%. Land Transaction Tax (LTT) is the Welsh equivalent of Stamp Duty, with the Welsh Government announcing today that landlords face a one percentage point increase for every LTT band – a move that is being introduced with immediate effect.
In the wake of the Welsh Government’s publication of its Draft Budget for 2025/26, the NRLA has provided its response to confirmation that Land Transaction Tax (LTT) for landlords will increase.
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