Optimism regarding the UK housing market is once again headlining many conversations across the country. One of the biggest points of interest remains Brexit and how it will affect all major sectors of the market and all the subsectors. Other issues impacting feelings about the market include house price growth, house sales, and inflation. In the latest Halifax survey regarding the market, which includes only feelings about house price growth, residents feel similar to that of the 2013 survey. Since that year, the survey has not produced results higher than 5 years ago.

Although the Halifax survey results have increased three points to arrive at +33 in October 2017, this is not enough to break through the level seen in 2013. Half of those surveyed expect house prices to increase during the next twelve months. Only 17% of those surveyed feel house prices will fall during the next year.

Optimism and consumer sentiment are struggling currently, and many housing experts believe this can be traced back to uncertainty which still hangs over the market. There is however one area which remains strong and is expected to continue on the current path. That area is remortgage.

Home owner demand for remortgage remains strong and lenders are making a serious effort to keep pace with the lot. There are still several attractive deals available from top name lenders.

Many home owners have yet to take advantage of the opportunity of remortgage. It not only makes it possible to lower a monthly mortgage payment, but potentially catch up on old debt through access to cash.