The UK housing market continues its strong run during the month of January and is now seeing unusually high house sale transactions for this time of the year. The month of January also posted a higher average sale price for houses. The average UK house now sits at more than £300,000 in England and Wales. The average property price for the capital city of London now sits at more than £600,000.

Despite the economic crisis which took place almost ten years ago, the market remains defiant to all the forecasts of industry experts.

At this time last year, average house prices were £10,000 less and averaged slightly more than £290,000. The average price has now doubled since it surpassed the £150,000 mark fifteen years ago. Average prices make this market quite favourable for those looking to sell their property and move home, but makes it difficult for those house hunters who have to make a down payment.

The remortgage sector has moving along strongly as well. Many home owners are taking a step forward and choosing to make the decision to remortgage. In the process they are saving many pounds per month off the cost of the monthly mortgage payment.

Remortgages are just now starting to receive the attention they deserve. They give every house owner the potential to save money each month and improve the family bottom line. The same thing cannot be said about traditional investments many times. The process to remortgage can now be done with the convenience and privacy of doing it from a living room laptop computer.