UK housing mortgage lenders are anxiously awaiting the reaction of the market following the day of Brexit which is set to take place on 29 March of this year. Currently, lenders are quite hesitant about taking on a great deal of risk in the form of mortgage lending, according to those close to the housing market. Over the last three months, lenders have become less tolerant of high risk loans and have denied loans to more last quarter than in the previous quarter.

UK house prices have been exploding with growth for several years. For the last decade, property value has increased by 20-30% on average and even more in the capital city of London. This has been a favourable thing for house owners.  Even last year saw house price growth move forward almost 3% in a year when it was expected not to reach that level. Now, with Brexit approaching, house price growth is expected to lose all momentum from last year, according to housing experts.

Winter is officially here. The forecast for the coming days is filled with frigid temps and snow falling from the sky. For those who are keen on the blustery days of the first season of the year, these days could not be more appealing. Everyone else is left with hoping this is only temporary and the season will be a short one. Discomfort from the cold puts a strain on everything in life. Driving is difficult, dressing correctly is a challenge, and simply walking the dog is just one more thing we will suffer from whilst going outside. The same discomfort can be found with financial issues. For house owners, now could be the ideal time to search for cost cutting measures. This could be the time to remortgage.

The start of a New Year inspires new goals and new habits. For homeowners, it should not go unnoticed that a remortgage might be the thing that should top the list of goals for 2019. There are many benefits to be had by a remortgage deal, but one very important benefit for this year would be the ability to bring peace of mind to one’s household budget.

The last few days it has been hard to escape the news of Brexit. It’s hard to look away when the screens give updates, forecasts, and news. Even if you could put your focus elsewhere, it is hard to do so when you are a helpful home buyer or a home seller. Even homeowners are paying attention as to what the first quarter of 2019 will bring to the housing market.

The housing market is by tradition a space which is sometimes difficult to navigate. House owners and non-property owners alike are exposed to terms only rarely and then if at all over the course of a lifetime. The path is a typical one for most of us. Get educated, find a promising career, then purchase a property and possibly start a family. There are only a few opportunities to actually experience housing market terms and concepts. One thing we all understand is the impact a low interest rate has on mortgage lending. Now, those seeking remortgage can find lower and lower rates.