Summer is typically time for activity to be in full swing within the UK housing market. Sellers spend many months prior to this time of year in preparation of buyers swooping in and purchasing their home in no time flat. This summer however, appears different already with activity slowing and demand falling before it gets into high gear. Experts see this as a market in decline, but one sector remains full of possibilities – remortgage.

The remortgage market is moving full steam ahead with opportunity for home owners. Once not in the top list for methods of saving monthly outgoings, remortgage is now seen as one of the primary ways to save money by cutting cost each month.

Many sectors are struggling currently and there are several areas attracting blame from housing experts. Remortgage however, is offering many the opportunity to save money and gain access to valuable home equity all at the same time. Many are referring to this time as the best time to remortgage, before interest rates increase.

Low interest rates continue to give lenders the freedom to offer deals to home owners which have been quite scarce in the past. Deals with extremely low rates coupled with affordable administration fees and accommodating terms are the norm found today from many of the top lenders.

The summer selling season may be defined as a cooling off period of the market in the end, but house owners are being offered deals right now which might not be found again for a very long time. In that way, this could be referred to as the summer of opportunity.