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Remortgage Opportunities Await as Active Housing Season Draws Near

Remortgage Opportunities Await as Active Housing Season Draws Near

Property owners taking a long look at ways in which to save money on their monthly outgoings have had a challenging time of it the last few years. The last twenty four months have been especially difficult with the uncertainty hanging over the housing market due to the Brexit vote which took place March 29, 2017. In the opinion of many close to the housing market, a house owner is still able to find quite an attractive remortgage package even with the many question marks looming in today’s market.

House owners considering a move home or remortgage have been hesitant about making a decision for the last two years and for good reason. The Brexit vote instantly sent shock waves across a market which had not seen an increase in base rate in many years. Now, there have been two in the last twenty months. This, along with new stamp duty, has created a paralysing effect within the housing market.

The time could be at hand to discover a remortgage deal which is favourably suited to most needs. Brexit is coming to a conclusion. Rates remain low. Lender competition remains high. And the most active time of the year is only weeks away.

There are few perfect moments to make a weighty decision within the housing market. However, there are currently many factors at play within the market which make this time a potentially good time to look into remortgage, according to housing experts.

Those who have chosen to remortgage in the past two years are still realising the many benefits of remortgage, even though the climate was not in the eyes of many a perfect market in which to do so.

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