There is much talk regarding the short term expectations of the UK housing market. Experts claim house price growth will soar within two years following a sturdy period of stabilisation. Other economists claim millennials are souring over the market and see no opportunities in the coming years due to high prices and low wage growth. And yet others see this as the best time to remortgage based on interest rates and lender competition. Uncertainty remains the predominant theme currently and that will likely not change until negotiations are concluded after the triggering of Article 50.

Those seeking a remortgage or just sitting on the fence currently are in a favourable group. Those close to the housing market see this time as almost perfect to remortgage. Many UK house owners in fact are jumping the fence and landing head first with a mortgage application in hand. They are also finding huge savings off the cost of their monthly mortgage payment.

A remortgage is now front and center when talks materialise regarding current opportunities for home owners. Lenders remain aggressively searching for new clients during these days preceding a possible hike in interest rates. Not only are they able to offer a deal with low interest rates, they are also able to tag on low administration fees as well.

Economists claim there is much uncertainty swirling within the UK housing market. But, for those looking to remortgage, the time is rosy. Home owners can find a deal suited to their needs as well as unlock valuable home equity which could be used to pay off old debt and maybe pay for a much-needed holiday.