The housing market is by tradition a space which is sometimes difficult to navigate. House owners and non-property owners alike are exposed to terms only rarely and then if at all over the course of a lifetime. The path is a typical one for most of us. Get educated, find a promising career, then purchase a property and possibly start a family. There are only a few opportunities to actually experience housing market terms and concepts. One thing we all understand is the impact a low interest rate has on mortgage lending. Now, those seeking remortgage can find lower and lower rates.

The New Year has brought in several topics of discussion, most notably, Brexit. But something else is happening within the UK housing market which is raising more than a few eyebrows. Interest rates are falling for those seeking remortgage.

What only a few days ago was a small sample of lenders lowering rates has now turned into a trend. Interest rates are falling for those in search of remortgage.

Low rates mean lower monthly mortgage payments. This is true for anyone looking to secure a new fixed rate remortgage loan. Monthly mortgage payments can eat much of what many of us take home in income and saving money may be only a few signatures away.

The process of remortgage has been trimmed down in size compared to only a few years ago. Obtaining a new mortgage lending deal can easily start online and approval is possible in a few weeks compared with a few months. Housing specialists are of the opinion that now could be the best time to secure a new, fixed rate remortgage on a house or property.