The clock is ticking down to something that has been dominating the news, discussions, and our thoughts for months. The EU referendum vote has consumed our lives here in the UK and now we are literally hours away from knowing the result. What we won’t know for months afterwards is how the outcome will impact our economy, our housing market, and our personal efforts to remortgage homes, buy them, sell them, and invest in them.

What is evident is that there will be changes. We just don’t know what those will be and how deeply those changes will impact our present and future.

The final vote will not erase the need to be thoughtful of your finances and your remortgage or mortgage efforts. This is especially true considering the lengthy time it takes to finalize the lending process that is now in place. The security and safety measures put into place for borrowers and lenders has extended the processes, so doing anything quickly enough to take advantage of the current lending market will be tight.

It’s true that the now historic low interest rates could go even lower, but what doesn’t get discussed often in that bit of insight is that with even lower interest rates will be a tightening of lending not seen in years. Therefore, interest rates could become more attractive than they are now, but those that can take advantage of them will be fewer.

Should interest rates go up in the coming months, then it will be critical to take action to secure a fixed rate soon, before the cheap interest rates disappear.

The Brexit vote is here, once the final outcome is known, it will give more clarity to our future, but it will also require we take action to secure our own financial health and do what can be done to take advantage of the current situation for both now and in the immediate future. For those seeking a remortgage or mortgage, perhaps the time to take action hasn’t been any better than it will be after the referendum vote is known.