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Homeowners and Home Buyers Could Have Unique Opportunities in Weeks Ahead

Homeowners and Home Buyers Could Have Unique Opportunities in Weeks Ahead

The month of September has begun and that puts the Brexit deadline in under sixty days. The 31 October deadline is going to come quickly and with it there will be unique opportunities that will likely be short lived. Because of those unique opportunities, it is expected that there will be surprising boosts to the housing market. There could also be boosts to the lending market as hopeful home buyers seek mortgages and homeowners secure remortgages.

For home buyers, there are many reasons to take a good hard look at what is developing and determine if the factors at play are promoting opportunities that should not be missed. There are lower asking prices on properties coming onto the market. There are continued low interest rates associated with mortgages. There are also long term fixed rate mortgages available with some in newly released 20 and 30 year fixed rate deals.

There could also be a change to the stamp duty on the way in the first part of October. That would make it more affordable to get into a new property and for some it could offer substantial savings to buy within the newly designated stamp duty benefit time period.

Homeowners are being offered attractive remortgage deals. Long term fixed rates and low interest rates are capable of giving peace of mind during the uncertainty of Brexit.

The lending market is expecting a large number of mortgage terms to end in October. Those homeowners are going to be faced with such opportunistic remortgage deals that shopping early is encouraged by experts.

For those looking to purchase their first home, home movers, and investors, the housing market and lending market are evolving quickly day into day as Brexit nears and whether to take action now or miss out is not a hard question to answer for many.

Homeowners are going to have opportunity in the weeks ahead to seek out substantial savings and such a move could have them in a smart financial situation for 2020 and years ahead despite the uncertainty of Brexit.

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