The amount of tax you pay when you buy a property depends on several factors including:
the country the property is in
how much you paid for it
whether it is your main home.
First-time-buyers
People who buy a home worth between £300,000 and £500,000 will not pay stamp duty on the first £300,000. They will pay normal rates on the price above £300,000.
In Scotland there is no Land and Building Transaction Tax for homes up to £145,000 for first time buyers.
There are no specific rules for first-time buyers in Wales.
