The New Year brings with it the promise of a fresh, new beginning in every way. We all make resolutions which we try to complete no matter the cost and that includes resolutions involving our financial health. Many are turning to credit cards to get by and sometimes more than get by. We use credit to increase the number of things we own, whether we need them or not. Currently, credit card debt is increasing at a rate not seen in almost ten years. However, there is a way to combat that debt for home owners. It is known as a remortgage.

A remortgage has the ability to reset an entire financial plan for a household and turn mortgage lending into a way to free up cash. This occurs by saving money off the cost of a monthly mortgage payment and uses that extra money to pay for the essentials in life, no matter what they are.

Experts view the current economic climate within the UK housing market as favourable to seek out a remortgage. Interest rates connected to deals offered by lenders remain exceptionally low and administrative fees to complete the process are equally as low.

There remains much uncertainty for the short term and long term expectations of the UK housing market. Now is the time to make wise decisions concerning the financial health of the family household.

A remortgage for most situations is just a click away. The process has now been streamlined and can be completed in just a few days and done completely online. This is in comparison to the old style of actually completing an application and then sitting by the phone awaiting the outcome.