Welsh government releases latest numbers for LTT and buyer ‘intent’
Original Article Summary
The Welsh goverment has reported the latest data on Land Transaction Tax nationally, by region and by purchase 'intent'
PropMatch Curated Analysis
Welsh Land Transaction Tax data shows 11% increase in residential transactions with 22% rise in tax due, driven by December 2024 rate increases. Buy-to-let purchases remain strong at 9% of transactions while holiday home purchases declined from 7% to 6%.
Investor Relevance
Critical for Wales-focused investors as it reveals actual transaction costs, market activity levels, and competitive dynamics between different investor types. The data shows buy-to-let investment remains resilient despite tax increases, while holiday let investment is cooling.
Original Source:
Property Industry EyeStay Updated
Subscribe to our weekly briefings for curated property news and insights