With the New Year upon us, we are once again reminded how quickly time passes. Another year can now be placed in the history books to reflect on, learn from, and improve upon. This passage of time allows us to learn things and to see things about our finances in particular which can be put to good use in the future. The future is now. The turn of the calendar to 2019 allows us to reset our goals, missions, and begin again. The metric of time is valuable to us moving forward and with our monthly mortgage payment arriving every thirty days, there is no time like the present to see remortgage make a difference in our lives.

We pay the monthly mortgage each and every 4 to 5 weeks without blinking an eye. We own property, that property has a mortgage to pay and we take care of it. What is important about that monthly payment is the fact that we are constantly building equity in that property.

This build-up of equity can be used to our advantage as we consider a remortgage. More equity in a property means a lower LTV amount we will need to remortgage.

The current level of lender competition is robust. Many property owners are coming to the end of their initial deal and many are choosing to remortgage and not transition to the lender SVR. This could be the ultimate time to consider a remortgage, according to many housing experts.

Use the fact there is one more year of equity built into a property towards a remortgage. According to housing specialists, this will open a new wave of deals with favourable features.

The passage of time seems faster each and every New Year. Make 2019 a year of potential savings with a remortgage after putting another twelve months of payments into a property.