There have now been several months of speculation and uncertainty regarding several issues affecting the housing market. New tax laws, Brexit negotiations, and now the possibility of a hike in the nation’s base interest rate have all combined to create a whirl of new stressors on the everyday resident, regardless of which region they live in. As we arrive at the beginning of the last quarter of the year, many problems persist which are burdening us as well as our family budget. What could possibly breathe new life into our finances before the end of the year? The answer could be as easy as remortgage.

Housing experts have been voicing their opinions for months. They have been urging those house owners who are considering remortgage to act as soon as possible. They have been concerned about the possibility of a hike in interest rates which could derail any hopes of significant savings on the monthly cost of the mortgage payment.

The worst fears of housing specialists could be coming to light. There is a better chance now that interest rates will be increased by the end of the year. Conversations heard on the street are pointing at a possible hike during the month of November. That would mean lenders preparing to increase their rates within the next few weeks. That increase could negate any savings some house owners could see with a remortgage.

A remortgage has now earned the spotlight for being a strong tool to cut the cost of the monthly mortgage payment. It also paves the way for a more secure future and protection against rate hikes in the days ahead.