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.

House price growth is forecast to slow down to levels not seen in almost two decades over the next three months. This firmly places more uncertainty on a market which is already looming with it, at least until the last days of March pass.

Many housing specialists are not comfortable with estimates and forecasts until after Brexit passes. For those looking to make investments in the market, it is definitely a wait and see attitude as of now. Although house prices could be set for a short period of little growth does not mean there is not opportunity for house owners to get ahead with another area of the market.

Remortgage is still quite a promising option to research, even with the uncertainty of Brexit. Obtaining a fixed rate remortgage which reduces the amount of the monthly mortgage cost for the next few years is quite a positive move.

Lenders are offering deals with low interest rates, a load of incentives, and even cash back. In this time of increased uncertainty and questions, a remortgage could be the solution to improving the idea of where the household finances are headed.