As Brexit begins to come closer into focus, the UK housing market continues to change slightly day by day. Mortgage lending provided by lenders of all sizes remains part of this change and remortgage deals are getting sweeter at every turn. Borrowers are finding low interest rates and improved mortgage packages from several different lenders. Competition for mortgage lending is at an intense level and borrowers are benefitting in a major way.

The market leading into the official day of Brexit is leaning towards borrowers in a major way. Whether in search of original mortgage lending or remortgage, the market is now heavily favouring borrowers.

Opportunities from lenders are becoming more and more prevalent as the end of March draws near. In a time of the year which is normally quiet and inactive, lenders are doing what they can to increase the number of transactions which take place.

Housing experts already see this time as favourable for property owners in search of remortgage or original lending.

But as the year gets in full swing, some high profile lenders are putting some touches on mortgage deals to improve the appeal even more. Not only are lenders improving incentives like offering services at extremely low rates, they are also improving fixed interest rates on certain LTV deals.

These final days prior to Brexit are critical to lenders with naturally low levels of inactivity at this time of the year. Housing experts see this period as something quite special. It is an inactive period normally for those within the housing market, but now with lenders offering special packages, borrowers are finding savings on the cost of the monthly mortgage payment and thus feeling less financial stress going forward.