Monthly gross remortgage lending in the UK was at its highest level for almost eight years in July, reaching over £7 bn. According to the report from LMS, conditions for remortgaging were boosted by the EU results. The number of remortgage loans also increased by 27% from 32,400 in June to over 41,150 in July up by 36% year on year. Rising house prices, reducing rates and uncertainty have all contributed to a favourable outlook for the remortgage market.