This year is shaping up to be one of heavy speculation within the UK housing market. The blueprints for the UK leaving the EU have now been laid out and that leaves many considering moving home with questions. Is this the best time to search for a new residence or think about remortgage? Many experts currently are suggesting there is no better time to exercise the option of a remortgage.

UK house owners stuck on the fence about whether a remortgage is a smart option can now relax. Experts close to the housing market believe now is the time to apply.

Interest rates remain quite low. In fact, rates have not been this low in some time and they will not remain at this level forever. Just last week opinions began swirling about the timing of the next hike. Estimates vary widely, but some believe rates will rise sooner as opposed to later.

Many house owners are still reaping the benefit of saving an average of £50 per month off the current cost of their monthly mortgage. This is the present average and not expected to last. The moment interest rates begin to rise this figure will only drop.

Many lenders are still fighting hard for new clients and offering deals which feature not only low interest rates, but also administration fees which are next to zero. Accessing home equity has never been more valuable either. With inflation creeping in an extra pound has never meant so much. Additional cash can always pay for old debt or a new home renovation.

The remortgage process is now streamlined and can be completed entirely online.