Weeks of uncertainty followed the historic Brexit vote for anyone pondering a big decision within the UK housing market. Home owners looking to sell their home or move home have been paralysed and have not made decisions moving forward, according to some of the latest data to emerge. The majority of these people are primarily concerned with timing during this market cycle and how it will affect the bottom line of the household budget. Those in a home currently who are looking for a possible option to selling their home are urged to look at the possibility of a remortgage.

A remortgage now can take all the guess work out of whether or not a wise decision is being made based on timing within the market. Experts are pushing home owners to look into a remortgage for multiple reasons. One of the biggest reasons is the current level of home mortgage loan interest rates. Rates are at record lows and offer serious protection against future hikes which could take place.

A remortgage also gives unique access for a home owner to funds locked up in home equity. These funds make it possible to do things which have been put off for months or even years.

Mark Harris, chief executive of mortgage broker SPF Private Clients, commented on the latest data, saying: "Despite the uncertainty and concern surrounding the referendum, the market seems to have quickly absorbed the ramifications of the UK's decision to leave the EU.”

Harris added: "We were concerned that Brexit would mean the market would stall, with buyers and sellers racked with indecision, but that doesn't seem to have happened. It certainly helps that mortgage rates are so cheap and it looks as though we will be in an extremely low interest rate environment for the foreseeable future, so there is great value to be had."