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UK Housing Market Holds Opportunities for Remortgage and Investment Property

UK Housing Market Holds Opportunities for Remortgage and Investment Property

As we barrel towards Brexit and the possibilities which lie ahead for the UK housing market, forecasts are starting to surface. Some close to the housing market are of the opinion that once the end of March passes, activity within all sectors will take off. Others are not quite that confident and the data is out with confirmation of that. Some areas of the country have seen flatlining activity whilst some are not stagnant at all and seeing house price growth representing an underpinning of support from those in the market who are choosing to go ahead with housing decisions.

House price growth in some parts of the country is in excess of 5%. This speaks to the varied dynamic which currently resides in the market as many areas are not seeing any growth.

Low house prices are creating quite a stir within a group of individuals searching for a bargain. With lower prices at play, investment opportunities are on the table and many are taking advantage of it. Combine low prices with low interest rates and the market is truly favouring buyers at the moment. This environment is not expected to remain as it is according to housing experts.

As many house deals are in negotiation, residents owning homes already are facing a market with remortgage and the potential to save money.

Lenders are offering deals featuring low interest rates, low to free administration fees, and even cash back. Housing specialists are touting this market as one which offers house owners the ability to start the year of 2019 off with potential savings and home equity cash release opportunities.

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