The start of the UK housing market selling season is here. Amid talk of Brexit negotiations, inflation, and the slight rebound of the market in January, selling season begins. The capital city of London so far has shown us little to believe activity will suddenly surge. The rest of the country however is continuing to show signs of resilience and prowess in uncertain times. The selling season is here and it could be the perfect time to remortgage.

Many house owners specifically look to this time of year for deciding whether to move home or stay. It is the perfect time to put a house on the market. Flowers will soon be in bloom, activity of all types begins after a strong winter, and a sense of renewal is in the air. Selling season provides the best opportunity for those looking to sell their property this year to do so.

This selling season however is different. Recently, the Bank of England announced a possible interest rate hike taking place during the month of May this year. Now, everything changes. Those who last year looked to this selling season to put their property on the market face the possibility of not selling until after May. A subsequent mortgage on another property would include a fresh new hike in interest rates.

An answer to this challenging predicament could be remortgage. Rates are currently quite low and lender competition remains high. Selling season will be in high gear soon. That leaves little time to get information in order and prepare to apply for a remortgage. Housing experts see this as a possible perfect match before rates are potentially hiked in May.