As we turn the corner and realise a New Year is just days away, there is much to reflect on from this year and planning to do for 2017. There are resolutions to be made. There are expenses for the upcoming twelve months to be forecasted, especially by house owners. Some existing expenses will certainly continue, but some of them are able to be adjusted. This is the perfect time to look at options which will save money.

A fresh start means just that, a fresh start. The New Year brings a sense of renewal and refreshment which is found only this time of the year. A fresh start to the year can bring opportunities which we sometimes overlook. We don’t intentionally do this. It is simply by coincidence that most options, especially financial ones, are not laid out in front of our eyes.

One option which many house owners are still not aware of is the mortgage lending tool known as a remortgage. It is available to house owners looking to refresh their current mortgage loan situation and potentially save great quantities of money at the same time.

Currently, mortgage lenders are competing hard for new clients and that includes existing house owners. It has the potential to save hundreds, sometimes thousands, of pounds per month off the cost of the monthly mortgage payment. It also has the potential to unlock valuable home equity which is stored in a house.

Look at the New Year with a fresh set of eyes and consider a remortgage as part of the plan. Many housing experts see this as a way to revitalize a home budget and a way to boost a retirement plan with new funds.