Category Archives: Advice

If your mortgage deal is coming to an end, or your current deal no longer suits your needs, you might be considering remortgaging. For many homeowners across the North West, including Rawtenstall, Burnley and Accrington, remortgaging can be a smart way to save money, secure a better rate or restructure your finances.

At Gordon Anthony Mortgages, we understand that the process can sound more complicated than it actually is. Our experienced advisors and property-savvy team are here to make everything clear, calm and straightforward, guiding you from the moment you start thinking about switching through to securing your new deal.

This guide walks you through the essentials of remortgaging, what it involves, what to watch out for and how we can support you at each step.

What is a remortgage?

A remortgage is when you switch your existing mortgage to a new deal, usually to save money or better suit your financial situation. You may decide to remortgage because:

• Your fixed or discounted deal has ended
• Your circumstances have changed
• You want to borrow additional funds
• You are moving home and looking for a better arrangement

Remortgaging does not necessarily mean moving to a new lender. Sometimes your current lender may offer you a more competitive product. Our team can help you compare your options so you feel confident in the route you choose.

Why do people remortgage?

Your existing mortgage deal is ending

When a fixed or discounted mortgage term ends, you usually move onto the lender’s Standard Variable Rate (SVR). SVRs tend to be higher and less predictable, so monthly repayments often increase. Before you reach this point, it is wise to explore your remortgage options.

Switching to a different type of deal

Maybe your financial position has changed or you want more flexibility. Overpayment options, different term lengths or alternative mortgage products such as tracker or offset mortgages may suit you better now. Remortgaging helps you align your mortgage with your current lifestyle and goals.

Is remortgaging right for you?

If you are thinking about remortgaging, here are some key considerations.

1. What are your current deal terms?

Check your current mortgage offer carefully. There may be early repayment charges if you switch before the initial period ends, which can affect whether remortgaging is worthwhile.

2. How much have you paid off?

If you have paid off less than 10 percent of your property’s value, it may be harder to secure a competitive deal. On the other hand, if you are close to repaying your mortgage, fees for switching might outweigh the benefits.

3. Has your financial situation changed?

If your income or employment type has altered, for example moving into self employment, or your credit score has worsened, it could affect your remortgage options. Our advisors can help review your situation and explain what lenders are likely to see.

At Gordon Anthony Mortgages, we will always be honest with you. If staying with your existing lender makes more sense, we will say so.

Reviewing your current mortgage

Before deciding your next move, it helps to review your mortgage with an adviser. Key questions include:

• Are you on a fixed rate or a variable deal, and has it worked for you
• When does your initial deal period end
• Are there early repayment charges or exit fees
• How much do you still owe
• What is your Loan to Value (LTV) ratio

We will go through these questions with you, helping you understand your position clearly before making any decisions.

Portable mortgages for home movers

If you are planning to move home, you may be able to port your existing mortgage. This means keeping the same rate and lender, which can be beneficial if you would face large early repayment charges.

However, porting is not automatic. Your lender must approve it, and you will still need to undergo affordability checks. If your new home is more expensive, you may need a top up loan at a different rate.

Porting can be complex, so personalised advice is essential. Our team can guide you through the options and timings, especially if you are navigating a house move in Rawtenstall, Burnley or Accrington.

Product transfers

Sometimes, your existing lender may offer you a product transfer, allowing you to move onto a new deal without switching providers. These can be quick and cost effective, with no legal fees or new affordability checks.

But they are not always the best deal on the market. As independent, whole of market advisors, we compare both internal and external options so you get the full picture before choosing.

Typical remortgage fees to consider

Depending on the lender, you may encounter some of the following fees.

Early repayment charge
If you switch before your deal ends, you may have to pay a fee.

Arrangement fee
A common remortgage cost, often between £1,000 and £2,000 or more. We will help you factor this into your overall comparison.

Valuation fees
Lenders may need to value your property. Costs vary depending on size and value.

Reservation or booking fee
Less common, but typically £100 to £300 if charged.

Admin charges and legal fees
Some lenders cover these, but not all do. We will make sure you know exactly what to expect.

Talk it through with us

There is a lot to think about when remortgaging, but with the right guidance, it does not need to be stressful. At Gordon Anthony Mortgages, we explain your options simply and clearly, helping you make a confident decision.

Whether you are remortgaging in Rawtenstall, Burnley, Accrington or surrounding areas, our mix of financial expertise and property insight means we can advise on timings, market conditions and next steps, ensuring everything lines up smoothly with your plans.

If you have questions about remortgaging or your current deal, just get in touch.

Call 01282 506060 | Email info@gordonanthonymortgages.co.uk

A reminder about our Refer a Friend offer

Don’t forget,  you recommend a friend who completes their mortgage with us, you will both receive a £50 voucher as a thank you. You can read more about our Refer-A-Friend offer here. 

Important information

Your home may be repossessed if you do not keep up repayments on your mortgage. You may have to pay an early repayment charge to your existing lender if you remortgage. Information in this guide is based on our current understanding and may change without notice. It is for guidance only and does not constitute financial advice. No part of this document may be reproduced without permission.

As the year draws to a close and the festive season arrives, all of us at Gordon Anthony Mortgages are taking a moment to reflect on a busy and rewarding 2025. 

We’ve had the privilege of helping first-time buyers take their first big step onto the ladder, guiding growing families into new homes, supporting clients with remortgaging, and offering the right financial protection to give people peace of mind. From mortgage advice across Rawtenstall, Burnley and Accrington to insurance guidance covering everything from life cover to income protection, our team has been proud to support so many clients throughout the North West this year.

So as we look forward to a well-earned break and an exciting 2026 ahead, we thought we’d introduce the people behind the service, the team who make Gordon Anthony Mortgages the trusted, friendly and knowledgeable business it is today.

Meet the team at Gordon Anthony Mortgages

Jack Cunningham leads the business with over a decade of experience in the property world and a passion for providing clear, jargon-free mortgage and protection advice. Jack has helped clients across all areas of mortgages this year, from first time buyers to those refinancing and reviewing their long-term plans. When he’s not steering the ship, he’s likely watching or playing football, or spending time with his son, who he proudly calls his biggest achievement.

Working alongside him is Emily Rouine, who brought over 12 years of sales experience into her role in mortgages and has become a key part of our growth. Emily is passionate about supporting clients and helping the business develop organically. Away from work, she enjoys travelling, long family walks that often end with a pub lunch, and balancing life with her husband and two young children.

With more than 18 years of mortgage and protection experience, Adrian McCormack has supported a vast number of clients this year, offering expert guidance on everything from first-time purchases to additional borrowing. His long-standing relationships with North West estate agents mean he understands the full moving process, helping clients align their mortgages with key timelines. At home, he juggles being a dad of three with the diplomatic challenge of a household supporting different football teams, helped along by long walks with his Springer, Joey.

Also bringing deep industry knowledge is Victoria McCormack, who has spent over 27 years in financial services across the North West. Victoria specialises in explaining mortgage and protection options clearly and calmly, supporting clients at some of the most important moments in their lives. Her strong relationships with local estate agents ensure buyers and sellers receive joined-up guidance. Outside of work, she is usually running her children to various activities or being kept busy by Joey, the family’s energetic Springer.

John Carter joined us with more than ten years of experience in financial services, having started at a Building Society before working with one of the UK’s largest estate agents. His background has given him strong insight into customer service and financial solutions, helping clients feel supported from first conversation to completion. John is also a keen guitarist, music lover, festival-goer and traveller, having recently visited Sri Lanka and gearing up for a trip to the USA for the World Cup.

Bringing estate agency expertise to the advisory team, Lewis Chilton has spent eight years in the property world, giving him a detailed understanding of the housing market. This has proved invaluable when helping clients secure the right mortgage throughout 2025. Away from work, Lewis is a dedicated Burnley season ticket holder and a busy dad who enjoys films, TV and time with his young daughter.

Behind the scenes, ensuring everything runs smoothly, is Compliance Manager Alison Rouine, who brings over 20 years of administrative and organisational experience to the business. Alison supports our advisors with compliance processes and leads the administration team with efficiency and care, helping clients enjoy a seamless mortgage journey from start to finish.

Supporting her is Mortgage Administrator Eve Yarwood, who joined us this year with an impressive background in business management and a variety of entrepreneurial ventures, including running a vintage clothing shop and a licensed dog-boarding business. Eve has a strong interest in property and supporting clients through the process. Outside the office, she spends time with her three dogs and flock of ducks, and enjoys festivals, vinyl collecting and playing guitar.

Completing the advisory team is Gabby Swarbrick, who has been helping people with their mortgages since 2010. Gabby is known for handling everything from simple first-time buyer cases to complex scenarios, always with a calm, clear and reassuring approach. She also specialises in protection, making sure clients are supported for life’s “just in case” moments. When she’s not guiding clients, she loves countryside walks with her dog, Marcel.

Festive greetings from the team

Together, this dedicated team has helped hundreds of people this year, from mortgages in Rawtenstall, Burnley and Accrington to long-term protection planning and complete mortgage services across the North West. Whatever clients have needed in 2025, the team has been there to offer straight talking guidance, reassurance, and support from start to finish.

As we wrap up the year and head into the festive season, we want to thank all our clients for trusting us with such important milestones. Whether you are buying your first home, remortgaging, expanding your property portfolio or reviewing your financial protection for the future, we’re grateful to be part of your journey.

From everyone at Gordon Anthony Mortgages, we wish you a warm, happy and restful festive season, and we look forward to supporting you again in 2026.

Refer a Friend and get £50

If you’ve already had a great experience with us, why not share it? When you recommend a friend who takes out a mortgage through Gordon Anthony, you’ll both receive a £50 voucher as our way of saying thank you. It’s our small way of celebrating the relationships that have helped Gordon Anthony Mortgages grow throughout 2025.

Your home may be repossessed if you do not keep up repayments on your mortgage.

It is important to take professional advice before making any decision relating to your personal finances. Information within this document is based on our current understanding and can be subject to change without notice. No part of this document may be reproduced in any manner without prior permission.

Buying your first home is an exciting milestone — but it can also be one of the most daunting. From saving for a deposit to understanding your mortgage options, there’s a lot to think about. That’s where Gordon Anthony Mortgages can help.

We specialise in supporting first-time buyers across the North West, providing honest, mortgage advice in Rawtenstall, Burnley, and Accrington. Our goal is simple: to help you make confident, informed decisions and find a mortgage that’s right for you — not just for now, but for the long term.

Our experienced team combines years of financial expertise with real property knowledge. Because we’ve worked closely with estate agents and property professionals across the region, we understand every stage of the moving process — including how the timing of your mortgage fits in with your purchase. That means you get clear, practical guidance that helps everything run smoothly when buying your first home in the North West, or beyond.

What is a mortgage?

A mortgage is a loan that allows you to buy a property when you don’t have the full amount upfront. You borrow from a lender and repay it monthly, with interest, over an agreed period. Most first-time buyer mortgages today last around 30 years, but your advisor will help you explore the best borrowing term for your situation.

When you take out a mortgage, you’ll need to put down a deposit — a portion of the property’s cost that you pay upfront. The higher the deposit, the less you’ll need to borrow, and the more options you’ll have when choosing a mortgage deal.

At Gordon Anthony Mortgages, we’ll explain how deposits, rates, and terms affect your overall affordability, so you can move forward with complete clarity.

How much deposit do first-time buyers need?

Most first-time buyers will need a deposit of at least 5% of the property’s value. For example, if you’re purchasing a £200,000 home, your deposit will usually be £10,000.

However, there are now more options for buyers who may struggle to save a deposit — such as a guarantor or 100% mortgages. These allow a family member to support your application or secure the loan without a deposit at all.

Our advisors will take the time to explore all your options, making sure you understand the benefits and potential risks before committing to anything.

Understanding loan-to-value (LTV)

The term loan-to-value, or LTV, is often used when comparing mortgage deals. It’s simply the ratio between your mortgage amount and the value of the property. For example, if you buy a £200,000 home with a £20,000 deposit, your mortgage is £180,000 — giving you a 90% LTV.

The lower your LTV, the more attractive you appear to lenders, which can mean access to better rates. We’ll calculate this for you and explain how to improve your position if needed.

Freehold vs. leasehold – what’s the difference?

If you’re buying your first home, you’ll likely encounter these terms. With a freehold, you own both the property and the land it stands on. With a leasehold, you own the property for a fixed term but not the land beneath it.

If you’re buying a flat or maisonette, it’s usually leasehold — and that can involve ground rent or service charges. We’ll guide you through the pros and cons so there are no surprises later on.

What other costs should I expect when buying my first home?

Your deposit isn’t the only cost to budget for. You’ll also need to consider:

• A home survey – to check the property’s condition.
• Solicitor or conveyancer fees – for handling the legal process.
• Stamp Duty – though first-time buyers are currently exempt up to £300,000.
• Buildings insurance – often required by your lender.
• Moving costs – including removals, storage, or new furniture.

We’ll help you plan for these expenses so you have a clear picture of what’s needed from the start.

Getting mortgage-ready

Preparation is key to a smooth mortgage application. Lenders will assess your ability to meet repayments, looking at your income, outgoings, and credit history. We’ll guide you through what lenders are looking for and help present your application in the best possible light.

Here’s how you can strengthen your application:

• Check your credit score with Experian, Equifax or TransUnion.
• Keep on top of payments — avoid late bills or missed direct debits.
• Cut unnecessary spending and try to save regularly.
• Stay consistent — make sure all your accounts show your current address.

Government help for first-time buyers

It’s a challenging time to get on the property ladder, but there are schemes designed to help. For example, the First Homes Scheme allows eligible buyers to purchase a home in their local area with a discount of 30–50%.

At Gordon Anthony Mortgages, we stay up to date with all the latest schemes and incentives. We’ll let you know which options you qualify for and whether they suit your goals.

The mortgage application process – step by step

Buying your first home doesn’t have to be stressful. With our support, you’ll always know what comes next.

1. Initial conversation: We’ll discuss your goals, finances, and what you’re hoping to achieve.
   
2. Assessment: We review your documents and check how much you can borrow.
   
3. Mortgage in Principle: This helps you understand your budget and shows sellers you’re serious.
   
4. Find your home: Once you’ve chosen a property, we’ll advise on timing and next steps.
   
5. Application: We complete and submit your application to the lender.
   
6. Valuation & survey: The lender checks the property’s value; we guide you through your survey options.
   
7. Offer: Once approved, you’ll receive your formal mortgage offer and can move ahead with your purchase.

Our team understands how the moving process works from every angle — from sales progression to mortgage completion. We’ll keep everything on track so your mortgage and move align perfectly.

Why choose Gordon Anthony Mortgages?

Our reputation for being reliable mortgage advisors across Rawtenstall, Burnley, and Accrington has been built on trust, expertise, and personal service. We’re not just another mortgage broker — we’re part of your journey.

As whole-of-market advisors, we have access to a wide range of lenders and deals. We’ll always explain your options clearly, without jargon, and with full transparency on fees and products.

Our clients appreciate that we’re approachable, honest, and genuinely here to help. That’s why so many recommend us to their friends and family — and it’s something we’re incredibly proud of.

Flexible appointments and ongoing support

Whether you prefer a face-to-face chat, a phone call, or a Zoom meeting, we work around you. We also provide ongoing support after your mortgage is complete — reviewing your deal when it’s time to remortgage or discussing protection options to secure your investment.

Start your home-owning journey today

Taking that first step can feel daunting, but with the right advice, it becomes an exciting new chapter. Our friendly advisors at Gordon Anthony Mortgages aim to make the process clear, stress-free, and rewarding. Let’s find the right mortgage for you — and make your first home a reality.

Call: 01282 506060
Email: info@gordonanthonymortgages.co.uk

Refer a Friend and get £50

If you’ve already had a great experience with us, why not share it? When you recommend a friend who takes out a mortgage through Gordon Anthony, you’ll both receive a £50 voucher as our way of saying thank you.

Your home may be repossessed if you do not keep up repayments on your mortgage.

It is important to take professional advice before making any decision relating to your personal finances. Information within this document is based on our current understanding and can be subject to change without notice. No part of this document may be reproduced in any manner without prior permission.

At Gordon Anthony Mortgages, we’ve built our business on one thing above all else — recommendations. Time and time again, our clients have told friends and family about the straightforward, personal service they received from us. It’s how we’ve grown, and we think it’s only right to say thank you.

That’s why we’ve launched our Refer a Friend campaign. If you’ve used Gordon Anthony Mortgages before, now’s the time to tell your friends. Or, if you or someone you know needs help with a mortgage now — buying their first home, remortgaging, or exploring buy-to-let or self-employed options — we’d be delighted to help. When their mortgage application is submitted, we’ll give you and your friend a £50 voucher each to spend at a variety of your favourite shops.

Don’t take our word for it

Committing to a mortgage is a serious matter and one that takes careful planning and consideration. But ploughing through the mountain of lenders and different deals — anything from fixed-rate mortgages to variable-rate options such as Standard Variable Rate (SVR) mortgages, tracker mortgages, or discount variable mortgages — can seem daunting or even overwhelming.

That’s where we step in. Our expert whole of market mortgage advisors at Gordon Anthony Mortgages take the time to listen to your situation and explain each and every mortgage option clearly and concisely. But don’t take our word for it. Hear from some of our happy customers about their experience working with Gordon Anthony to secure their mortgage:

“We would highly recommend Jack and Alison at Gordon Anthony Mortgages to anyone looking for support with their mortgage – truly outstanding service from wonderful people!”

– Emily Johnson

“I had an outstanding experience with Anthony Gordon Mortgages. Adrian was highly responsive and ensured I was kept informed at every stage, which made the process smooth and stress-free. His professionalism, expertise, and commitment to excellent service were evident throughout. I would not hesitate to recommend Anthony Gordon Mortgages to my friends, family, and colleagues.”

– Joanna Emmett

“Gordon Anthony have been fantastic and really responsive in dealing with my mortgage and all other options. I cannot praise them enough. Everything has been straightforward with such an efficient service. Jack and Alison, you have been amazing.”

– Carib

Your local experts for mortgage advice in the North West

We’re proud to be known as one of the go-to names for mortgage advice in the North West, working with clients across Rawtenstall, Burnley, Accrington and surrounding areas. Our goal is simple — to offer honest, professional guidance that helps people secure the right mortgage without the stress.

We have mortgage advisors here at Gordon Anthony Mortgages who have over 20 years experience in the finance sector.  This means, you’re in very safe hands. We keep things clear and transparent, with straight-talking advice — no jargon, no confusion. Just real people who care about finding the right solution for you.

We understand mortgages, and the moving process

 Our experienced team has deep roots in both the financial and property sectors. Alongside our highly experienced financial advisors, several of our team members have worked for leading estate agents across the North West. That means we understand not just mortgages, but the entire home-moving journey — from how your sale progresses to how timings can affect your next purchase or when your mortgage should ideally start. This depth of property insight allows us to advise and guide you through each stage, ensuring your mortgage aligns perfectly with your move. It’s an understanding that proves hugely beneficial to our clients time and time again, giving them confidence and clarity throughout the process.

Whole-of-market mortgage and insurance advice

As a whole-of-market broker, we have access to a wide range of lenders and products — so you’re never limited to one provider. Whether you’re looking for a first-time mortgage, remortgage, buy-to-let, or self-employed mortgage, we’ll find the right fit for your financial situation now and in the long term.

We also offer a full range of insurance services, including:

• Buildings and contents insurance
• Mortgage protection
• Critical illness cover
• Life insurance
• Income protection

Flexible appointments, your way

We know life is busy, so we offer appointments however suits you best — face-to-face, by phone, or via Zoom (or your preferred online meeting platform).

Refer a friend and share the rewards

If you’ve experienced the Gordon Anthony approach first-hand, why not share it? When your friend gets in touch, just ask them to mention your name — and you’ll both receive a £50 voucher as our way of saying thank you.

At Gordon Anthony Mortgages, we’re keeping mortgage advice simple, personal and rewarding — just the way it should be.

Take the first step today

Ready to start your journey towards the best mortgage solution for you?
Get in contact with our team today:

Call: 01282 506060
Email: info@gordonanthonymortgages.co.uk

Refer a Friend – Terms and Conditions

A £50 Lifestyle Voucher will be awarded to both you and your referred friend upon submission of the referred party’s mortgage application.

To qualify for the offer, your friend must mention your name to the advisor during their initial appointment.

This offer is valid for referrals made between 1st October 2025 and 30^th September 2026.

Vouchers will be issued within 30 days of the referred party’s mortgage application being submitted.

The Lifestyle Voucher is non-exchangeable and cannot be redeemed for cash.

This promotion may be withdrawn or amended at any time without prior notice.

Full terms and conditions available on request. Gordon Anthony Mortgages Ltd is an appointed representative of Stonebridge Mortgage Solutions Ltd which is authorised and regulated by the Financial Conduct Authority. 

Your home may be repossessed if you do not keep up repayments on your mortgage. As with all insurance policies, conditions and exclusions will apply. It is important to take professional advice before making any decision relating to your personal finances. Information within this document is based on our current understanding and can be subject to change without notice. No part of this document may be reproduced in any manner without prior permission.