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Located in the City of Westminster, in an area that sits across Paddington and Maida Vale, Little Venice is regarded as one of the most scenic areas of London and England. The area is well known for its canals and plays host to a number of town houses and terraced mansions. There are two key waterways in Little Venice, Regent’s Canal and the Gran Union Canal, which come together at Browning’s Pool, offering a focal point for the local area.

There are major changes to stamp duty in England, Wales and Northern Ireland (with comparable changes taking place in Scotland at the same time) from the 1st of April 2016 and these changes will have a big impact on many people across the country. What these changes will mean to you will depend on who you are and what are your plans are in the property market in 2016 and beyond, but it is likely that there will be some impact of these changes on your life.

If you are looking to sell your home, you may think that the level of demand for properties will mean that you don’t need much help in promoting your property and then concluding the deal. This is definitely not the case. Selling a home is a hugely important matter and there are many legal matters to contend with, and this is why you should call on the services of a professional estate agent to ensure that the deal runs as smoothly as possible. However, there are many different types of estate agents to choose from, and you need to know which one is right for you.

 

Given the current nature of the property and rental markets in the UK, and especially, London there is a lot to be said for getting involved with the rental market. If you have a spare property or you have the funds to purchase an additional property, there is a chance to enjoy short and long term benefits. The buy to let market is still thriving and even though lenders have tightened up slightly on the way that they offer mortgages in this market, there is still genuine opportunity for many people to get involved in this market.

Of course, if you are looking to be a success in the buy to let market, you need to pick the right area and the right property. Many people base their choice of area on what they know or where they live. If you plan on being a hands-on landlord, this can make sense as it will ensure that you are close at hand if you are needed at short notice. However, it may be that the area you live in or know isn’t the most attractive when it comes to receiving rental income or attracting the right sort of tenant. This is why it makes sense to carry out some research of the different areas and find the area that meets with your budget and expectations.

 

There is a great deal to be said for examining property prices now and what they used to be. This can give you an indicator of the level of demand and expectancy for the market, while some people will try and predict future developments from what has happened in the past. No matter your reason for checking out the changes in property prices in Maida Vale in the last 12 months, there is an interesting finding.

In the past year, property prices in Maida Vale have increased by 12.9%. By the same extent, house prices for the whole of London have just risen by 0.1% in the same time-frame. It is often pointless comparing parts of London to other areas in the country for property prices, but the clear difference between prices in Maida Vale and prices in London as a whole are startling. There will be parts of London that are rocketing, the Crossrail effect is still impacting on areas, but there are parts of London where property prices are slowing down or even falling. If you are looking to buy in London, the rising prices in Maida Vale may put you off in comparison to other areas, but it is all about your own perceptions on value and worth.

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