Many reports concerning the UK housing market point to uncertainty on every front. Some indices have house prices rising whilst others have them declining. Some data indicates optimism with house prices during the next twelve months and others claim many are concerned with the possibility their homes are losing value. With growth of house prices and other issues in debate, how does any house owner think about making a firm decision regarding the sale of their home or not?

As home owners make decisions to stay home or move or look at a different option altogether, remortgage is staring all of them in the face as a favourable option to consider. Currently, remortgage is the number one mortgage lending tool being considered when searching for an option to moving.

House owners across the country are finding many benefits to remortgage which just don’t make the headlines. There are benefits to remortgage which are obvious and some which are not. The one striking benefit is a potential reduction in the amount of the monthly mortgage payment. The other not so obvious benefit which is often overlooked is access to valuable home equity. This is cash sitting in the corner just waiting to be used for uses like home renovation, paying off old debt, or taking a holiday which has been talked about for years.

In the last few years, remortgage has subtly become a tool which can alleviate pressure on the family budget, open doors to possible home renovation, or handle the stress of debt which seems to keep piling up over time.