Remortgage is proving to be quite beneficial for many house owners currently, even with the day of Brexit coming into focus. Lenders are offering incentives of all types. Valuations are being offered at a discount price and even free in some instances. Other incentives include low prices on legal fees as well as low price to free administration costs. A market leaning in the direction of borrowers is dominating the space right now and that is creating favourable deals for many in search of remortgage.

Lenders have started the year dropping interest rates on many packages including fixed rate remortgage deals. They are not stopping there, however.

Many well-known lenders are pushing to attract new clients in 2019. They are doing this by sweetening remortgage deals through incentives like free and discounted services. They are also doing something else to attract more house owners to consider remortgage. Lenders are offering cash back on fixed remortgage deals in an effort to get the New Year started off on the right foot.

Some high profile lenders are offering the option of cash back in place of accepting free legal fees and other free administrative services. This has turned a market which was already favourable for borrowers into quite an attractive market for borrowers of all types.

Remortgage has not just been turned on by lenders. It has been helping house owners in the area of monthly cost savings for several months now. It slowed a bit during the Christmas season which is the typical behaviour for all mortgage lending, but lenders are making sure that slow down does not continue into the months leading up to the historical day when Brexit takes place.