Time is Running Out for Remortgage to Happen This Year
Three quarters of the year are now complete and the countdown to the New Year is here. As days are numbered until the end of the year, home owners still have a chance to remortgage and potentially begin saving money. In a very short time, we will be sitting in the middle of the first quarter of 2019 and preparing for Spring to rush in. But for now, the housing market is still residing in quite a favourable climate to give what house owners need more than anything – a way to save.
The days of 2018 are coming to a close. Although it is the beginning of Q4, there are now less than 100 days left in the year. It has been a year of rough waters and uncertainty to this point, but there is still time for house owners to capitalise on a market which has seen two increases in interest rates in less than twelve months.
Interest rates remain low, very low. There have been two hikes in the standard base rate which has been challenging for house owners who are not holding a fixed mortgage loan. Those on a lender variable rate still have a chance however and lenders are making it possible to save money.
There are a number of deals available with not only low interest rates, but attractive incentives as well. These incentives include free valuations, free legal fees, and cash back. There are more than just a few incentives for owners to take advantage of, but house owners must move swiftly in order to take advantage of all remortgage has to offer. The New Year will be here in no time.