As many await the official day of Brexit and all that it brings, house owners are busy tidying up home finances and searching for ways to make the transition from what is now to what will possibly be. For house owners looking to save money and create a more opportunistic future, remortgage is quite popular. It has turned the heads of many property owners for years and is starting the New Year on a similar note.

If the middle of the year 2018 showed us anything aside from the fact that the UK housing market is resilient, it is remortgage is building momentum. In October, the sector posted total borrowing of £9.2bn. This was not only unexpected, but also surpassed a level not seen in a decade.

This surge took place not only because of the expected increase in standard base rate, which did take place in the month of November, but also because of the market conditions. Lender competition was high, rates were low, and incentives were increasing in number everywhere a borrower looked.

Now, those same conditions are in play and house owners are once again showing major interest.

Longer term fixed rate remortgage packages are now available. These deals are being offered by some of the most well-known lenders in the market. Some of these lenders have even dropped interest rates since the turn of the calendar.

With uncertainty taking center stage within the housing market in the days leading to Brexit, some things are able to ensure stability within a household budget looking forward. One of those things is a fixed rate remortgage.