With a New Year comes the hopes to make it a better year. We want to build upon the achieved goals and successes of the previous twelve months and keep moving forward. For homeowners it is often lost among the personal goals that there are goals that should be made for our property as well as our financial health in the coming year. One of the goals that should be considered to work toward is a remortgage.

With a remortgage there are many benefits and one of those could be a lower interest rate. With a lower interest rate savings could be achieved over the term of the deal. If the remortgage is a fixed rate deal with a long term then the benefits of having a set repayment that is more affordable and offers savings for months to come could be helpful. The savings could be used in many ways and most of those are likely on one’s goals list for the year such as building an emergency fund, paying down debt, buying a new car or home appliances, or funding home improvements.

A remortgage could also give the homeowner cash that could help achieve set goals for the year. By releasing equity built up in the property into cash, the homeowner will have cash to fund projects, purchases, or life experiences that are at the top of the priority list for goals to achieve in 2019.

The good news for homeowners is that remortgages are readily available from remortgage brokers and lenders with low interest rates and attractive incentives. The New Year could be the very best time to remortgage and help meet many goals and hopes for the months ahead to make it one of the best years yet.