Lender competition for remortgage clients is staying at a feverish pace and now many are offering special discounts on administration fees and legal fees. This competition to earn business from new clients is all part of normal trends which occur during the first part of the year and into the first part of the selling season which is still months away. UK house owners can find quite a special deal by spending some time on research of lenders and banks offering special deals on remortgage.

The countdown is on to the summer selling season of the UK housing market. With uncertainty looming over the market, many are taking pencil to paper in anticipation of what the next wise move will be. The decision to move home or remortgage and stay put is in the air. For many, the decision to remortgage is not based on long term savings, but short term, quickly felt benefits.

Lenders are starting early this year offering special items and discounted rates on mortgage lending products of all types. First time buyers are also seeing some lenders offer deals featuring products with higher lending maximum amounts.

Remortgage activity in particular is expected to remain at a higher than average pace with interest rates staying at historic low levels. Many housing experts are suggesting house owners take a serious look at the possibility of a remortgage. Movement of interest rates is not something which can be predicted and the Bank of England has mentioned another rate hike taking place at some point this year.