Lying in the wake of the Brexit vote are fractions of the UK housing market which are still up in the air with uncertainty dominating mainstream headlines. The latest released housing market data is representative of a market which is poised for a period of lower activity, possibly lower house prices and remortgage activity which is expected by some to dip slightly. Corrections and time are two variables which will define the length of time the market spends returning to normal.

Experts believe the market is in for a short amount of lower activity, but the remortgage sector continues to offer many attractive deals to homeowners. Lenders remain in a constant competitive mode which bodes well for anyone looking for an original loan or remortgage.

Although a lower amount of activity is the forecast for the short term, the benefits of a remortgage continue to outweigh the effort one must put forth in order to apply and proceed through the entire process.

Interest rates are quite low and are expected to go even lower as the Bank of England lowered the base interest rate. This will have a rippling effect through the economy and help homeowners even further.

These low rates are in some cases making it possible for homeowners to potentially save hundreds of pounds each month in mortgage payment. In addition to saving money, gaining access to home equity makes a remortgage attractive to every homeowner, regardless of the size of the home.

The process of applying is now streamlined and can be completed entirely online.