Sales transactions within the UK housing market fell at more than a modest pace from August to September. The number of transactions decreased by 16% in the month of September totaling 72,500. This reduction in the number of sales transactions is typical for this time of the year, but a drop of this size is significant. Sales transactions is a pillar within the market for determining health and this data is further evidence of a slowing market, according to economists close to and inside the housing market.

Sales transactions as market data sits alongside other factors like demand, optimism, and abundance of property available for purchase in determining health of the market. Brexit uncertainty is being blamed for many pauses in action of this market, and sales transactions can be equally added to the list in the opinion of many housing specialists.

As sales transactions see less activity, the opposite is taking place in the remortgage sector. House owners continue to find attractive deals on remortgage from a variety of lenders. Deals featuring low interest rates, a great amount of incentives, and low to free administration costs highlight what is available for property owners willing do a little research.

Remortgage has taken center stage of late and made a difference in the lives of many owning property. It has made it possible for property owners to save money, change the direction of financial futures and put cash in the pockets of many through the process. Housing experts expect demand for remortgage to remain strong through the end of the year.