Another year is almost in the books and one thing house owners can leave this year knowing is that a suitable remortgage is still possible. Although there have been two standard base rate increases in the last twelve months, the market is leaning straight towards borrowers as the year comes to a close. It is a week from Christmas and lenders are making it more than possible for house owners to find a deal which could possibly lead to massive savings for the year 2019. It only takes a small difference in the interest rate to make a major difference in the amount of a monthly mortgage payment amount.

Brexit is being blamed for a majority of the remortgage surge which has taken place during the last quarter. Remortgage activity in fact has been off the chart and the level of activity is not expected to fall off for several months.

The month of October saw 50,500 remortgages obtained for house owners who likely saw their two year initial deal come to an end. This is the second area many are looking to for the recent surge in remortgage activity.

House owners are finding many favourable deals this festive season and the deals are only expected to continue. Interest rates remain low and the number of incentives remains high for those in search of a deal to transition to following the maturity date of their initial deal.

As the season continues and we race towards 2019, those house owners who are wondering if they could currently find a deal which could help them financially through the year 2019 and beyond the answer is more than likely a yes, according to those close to the housing market.