The latest data to emerge regarding house prices is encouraging for a month within the first quarter of any year, according to many close to the housing market. The average house price now sits above record level at £227,871. Growth in house prices has continued, albeit slowly since the beginning of last year when uncertainty seemed as though it had peaked. Now, in the opinion of some housing experts, the market appears ready to slow again and is heading for tepid waters at best. This could be the ultimate time to seek out the benefits of a fixed rate remortgage.

In the opinion of many close to the housing market, growth in house prices this year is forecasted to be around 2%. This would be a slow year in comparison to any over the last decade, but many are sticking by this estimate.

Many house owners who remain hesitant about considering a remortgage have been urged by housing specialists to consider the move sooner rather than later. With the housing market forecasted to sit and wait to see the conclusion of Brexit negotiations, the time could be right to scoop up a fixed rate remortgage and set a firmer future.

Most lenders have yet to raise rates on many attractive deals which are currently available on remortgage as well as original mortgage loans. And, historically speaking, interest rates overall remain at levels not seen in quite a few years. There is now a greater chance a rate hike will take place at the beginning of next month, although inflation has fallen a bit. A fixed rate remortgage would potentially help save money as well as secure a more stable financial future.