Remortgage has found its place among the leading mortgage lending tools and it is not looking back. Many house owners have found stress reduction as well as cost cutting benefits from it. Now, the benefits of remortgage are becoming even more exaggerated. In the days leading up to Brexit, some lenders are cutting remortgage interest rates in an effort to attract those who have chosen to remain on the fence and not make a move until the uncertainty of what will happen after Brexit is not such a mystery.

The UK housing market is looking at a flat year of growth according to some close to the market. The concern surrounding Brexit combined with strict lending criteria is placing a number of challenges in front of those thinking about buying and therefore affecting those who are selling as well. In addition to Brexit and lending criteria, high house prices is also quite a deterrent for those thinking of making a move of any kind within the market. Estimates for the year 2019 are for the market to remain flat and not see much growth at all.

UK housing market is currently seeing a great amount of uncertainty in the midst of Brexit, and newly released figures are hard evidence. House price growth in particular is of great concern considering how strong it has been over the past decade. According to the latest figures from the Office of National Statistics, house price growth was quite slow in the month of December. During the last month of last year, house price growth hit a five year low.

UK house owners are currently facing uncertain times for those who are closing in on the end of their initial mortgage loan term. With all that surrounds Brexit and the options available it can be a worrisome affair. The good news is that many lenders are making it possible to obtain a remortgage loan with a low interest rate along with many incentives. The state of the housing market is filled with questions, but there are opportunities to save money and create a more positive looking financial future.

Almost half way through the month of February many have already abandoned their New Year resolutions. Some have gone back to eating foods they swore off at the end of last year or have broken the habit of the strict exercise regime they promised themselves. Saving money is another area which could have been left behind in favor of another type of financial management. Fortunately, a lending tool such as remortgage is still available to help those looking to salvage some of those New Year commitments.

It seems time passes faster with each flip of the calendar and before you know it another season is changing. Winter has its firm grasp on the country for now, but in a few short weeks another season will be upon us. Spring brings us one season closer to the beginning of the selling season within the UK housing market; a season which is anticipated this year more than most for the possibilities of what could happen following Brexit at the end of March.