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The Welsh Government announced a temporary increase to the nil rate band of Land Transaction Tax (LTT) for residential property transactions in Wales from 27 July 2020 until 31 March 2021.
Before the announcement
You paid nothing on properties up to and including £180,000, 3.5% on the portion over £180,000 up to and including £250,000, 5% on the portion over £250,000 up to and including £400,000.
After the announcement
From 27th July, you pay nothing on properties up to and including £250,000*, 5% on the portion over £250,000 up to and including £400,000.
The tax paid for higher rate residential or non-residential transactions are unchanged.
So now is the time to give your budget a boost and find your perfect new home in South Wales!
Use the stamp duty calculator to find out more!
*subject to the property being your main residence and not an additional property
Lovell Homes is encouraging families to enquire about the final two remaining four-bedroom homes.
One two-bedroom apartment available to move into for Christmas.
Final homes available at The Mill in Canton due to high demand.
Second home at The Mill is twice as nice for Cardiff family
NHBC Pride in the Job Award is twice as nice for Cardiff-based partnership homes developer
Enjoy flexible family living with a fabulous three-storey home in Cardiff
The clock is ticking as the final homes at The Mill set to sell in 2020
You don’t need Jedi powers to check out this Star Wars inspired showhome
Local developers deliver cricket coaching to encourage sport in schools
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Local housing development lends a helping-hand to nearby gardening project
Lovell Homes releases final phase of development due to high demand
Enjoy flexible family living with a fabulous three-storey home in Cardiff
All change! Lovell delivers major changing room revamp for Cardiff rugby club
New land and partnerships manager appointed as Lovell ramps up residential developments in South Wales
Cardiff teacher finds new home at The Mill is in a class of its own!
Cardiff development crowned with Best Family Home title at First Time Buyer Readers’ Awards
The Mill Canton, Cardiff CF11 8DH
Tel 02920 601 598
Contact Us
@themillcanton themillcanton