There is brilliance in planning and nothing can make a holiday fit into a budget with ease better than planning. It may have just turned spring, but it’s time to be thinking ahead of summer if you have wanderlust. Homeowners are discovering that perhaps now is the best time ever to take advantage of a remortgage and finance the holiday of their dreams.

Additional signs of a possible cooling off period are occurring as indicated in the latest round of UK housing market data to become public. According to the latest figures from Nationwide, house price growth fell in the month of March for the first time in two years. 

Time could be running out on applying for and obtaining a remortgage. It is possible all the talk of a possible increase in interest rates could be real. With inflation becoming more relevant each week and a stagnation of wage increase for the past few years, an increase in interest rates could be just around the corner.

Amid headline news of the triggering of Article 50 and the possible implications of the move, there still remains a bustling UK housing market. Sectors within the market are moving at a pace which some experts find a bit surprising. According to the latest data of estate agents, UK property sales increased to a 10 year high during the month of February. First time buyer activity however, fell during the month.

As Article 50 is triggered, the official start of the UK exit from the EU, one thing regarding the short term reaction for the UK housing market is clear – there is uncertainty. Many experts are glued to day by day financial data which could indicate which direction the market will turn next. Some claim they will see no difference in much of any data regarding any sector. Others claim there will be immediate changes to the climate of confidence.

Remortgage activity continues to be steady in today’s UK housing market. Interest rates are still the driving force controlling what lenders are able to provide as deals to house owners. Many are taking advantage of deals on the table, whilst there are still some waiting on the fence for more news on a possible increase in rates. Inflation is always a concern, but many experts are predicting little chance of an increase in interest rates before the end of the second quarter.