The UK housing market has seen its share of ups and downs this year and next year is expected to bring at least some of the same turbulence as this year, according to many housing experts. Next year brings the official date of Brexit. Until that last day of March next year, strain and uncertainty is expected to continue. Although, after that most important day, many sectors within the market are forecasted to take off and see growth. Remortgage in fact is expected to see strong activity through next year.

It is believed by housing experts this time could be the most favourable period for house owners to consider a remortgage. This mortgage lending path has never enjoyed full spotlight compared to other types of lending, but due to several factors, it has exploded in recent years.

Remortgage has mainly sat in the background. Many house owners in the past have allowed their initial mortgage loan to revert to the lender standard variable rate. This is typically a more expensive route to take, but in over the past decade low interest rates and lender incentives have made considering remortgage more than worth it.

Lenders are remaining competitive in their offers. The thought of putting time into remortgage could be more than overwhelming for many who are short on time. But the benefits in the end could outweigh any trouble. Lenders are offering deals featuring low interest rates, incentives, and even cash back.

As we turn the clock and enter a New Year, remortgage could be a journey worth taking. It could turn around a financial fate and lead to less stress and a completely different kind of year.