After the holidays, the real stress begins. The bills begin to roll in and the household budget feels the pain that was overshadowed by the joy of the holidays. This year things could be different for those homeowners that could ease their debt through remortgage cash equity release.

Through a remortgage homeowners could use their built up equity, turn it into cash, and use it to pay for holiday expenditures. In fact, the cash could go much further and even cut down on overall debt and ease the household budget for the coming year.

The cash that is offered through a remortgage cash equity release can be used for anything the homeowner desires and is not limited in any way.

Not only could cash be a benefit from a remortgage, but there could be savings if the interest rate is lower than the homeowner’s current interest rate. In fact, a long term fixed rate could offer savings for years to come.

Lenders are offering historically low interest rates on remortgages and in some cases the interest rate is the lowest for that lender’s history. Such savings opportunities should not be overlooked.

Homeowners had showed strong demand for new deals and the low interest rates available, yet some of that demand has eased. Experts believe that a boost in remortgage lending is on the horizon and one of those reasons is the opportunity to release equity into cash as the holidays are a time in the year when budgets are stretched.

Lenders are expected to continue their historically low interest rate remortgage deals through the end of the year making a remortgage a great opportunity for any homeowner. Yet, homeowners should consider that time is essential in getting the process started and bringing it to a successful close while interest rates remain so attractively low.