Jaywick Mortgage

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Did you know the following about your town Jaywick….

Investors in seaside properties searching for bargains could find some hidden gems in Jaywick, a small village situated on the North Sea coast of Essex, England.  According to a 2007 property survey, Jaywick has six of the ten cheapest streets wherein to buy properties.  A competent Essex mortgage broker would be one valuable ally in determining the soundness of having a Jaywick property, as well as in devising the right scheme for a real estate purchase, whether the right contract to enter into would involve fixed rate mortgage, remortgage, base rate trackers mortgage or buy to let mortgage. 

The original plan for Jaywick was as a holiday resort aimed at Londoners, a potential that still has to be fully exploited.  The existing structures in the town were designed only for short-term use during holidays, and their further development is one investment possibility.  Significantly, the town’s seaside defences against storm surges have been strengthened to avoid a repeat of a tragic flooding during the early 1950s.

Also in the drawing board is a new modern housing project in the town’s Brooklands area, although local residents have some reservations on this development, fearing it could bury the town’s character into oblivion.  Among town’s attractions is an arts venue, the Jaywick Martello Tower.