Get in touch

555-555-5555

mymail@mailservice.com

logo

Get on the housing ladder. For free.

We're here to help you find the right mortgage.

Get Your Best Mortgage Today >

Join other Essex based Families who trusted the experienced advice of a Bright Future Mortgage Advisor and had an offer accepted on a property within 24 hours of speaking with us.

  • Shared ownership mortgages
  • Gifted deposit mortgages
  • Bad credit mortgages
  • 5% deposit mortgages

We are a trading style of Simply Lending Solutions who have been featured in:

The First Steps

  • 01 Mortgage Consultation
  • 02 Mortgage certificate sent to you
  • 03 Start viewing properties

Why Bright Future?

Choosing the right lender or mortgage advisor is important. You must ensure that the company your getting your mortgage from is reputable and easy to deal with. This could be the biggest financial decision you ever make.


  • Feel Safe and Secure - All of our advisors are fully qualified  
  • Save money - We do not charge a broker fee
  • Get the best deal - Whole of market, 75+ lenders
  • Make offers within 24hrs - Same day mortgage certificate
  • Keep things simple - Solicitor, home & Life insurance help
Get Your Best Mortgage >

The Key things you need to know about buying your first home

The basics

  • How much can I borrow?

    The amount you can borrow is dependent on your verified income and your outgoings. If you have no debt, the amount that you can borrow is usually around 4.5x your income e.g. £40k salary = £180,000.00 loan amount. The amount that you can borrow can change depending on your debts, credit history, age, and lifestyle. Furthermore, some lenders lend more than others.  The best option for anyone wanting to find out exactly how much they can borrow is to speak with a qualified mortgage advisor. 

  • How much will my mortgage cost?

    The amount that you pay each month on your mortgage is dependent on your loan amount, mortgage term, and interest rate. 


  • What deposit will I need?

    The minimum deposit needed is generally determined by the property type you wish to buy, your credit rating, and your max loan. You should always speak with a mortgage adviser regarding this. 


The costs

  • How much stamp duty will I pay?

    For first-time buyers, anything up to £425,000.00 is stamp duty-free, and the next £500,000.00 is taxed at 5%. For instance, if you wanted to purchase a property worth £500,000.00 as a first-time buyer, you would pay £3,749.95 in stamp duty tax

  • Do I need life insurance?

    By law, when you buy your first property you will need home insurance. Life insurance is a separate policy designed to pay you or your family an income or a lump sum should you fall seriously ill or die during the mortgage term. It is not obligatory, but 1 in 2 people in the UK contract cancer during their lifetime and it is a sensible choice to commit to a life insurance policy early in your life as policies become more expensive in older age. 

  • How much does it cost to buy a house?

    There are various fees to think about when purchasing your first property. These are solicitor fees, mortgage lender fees (dependant on lender), possible valuation fees, and stamp duty (if buying property over £425k). You should also consider moving costs into your budget and of course, your deposit.

What else?

  • What are the different types of survey?

    Basic valuation, Homebuyers report, and building survey. A basic valuation is the most common form but if you would like in-depth information regarding the property you want to buy, you should look at a homebuyer’s report or a building survey. 

  • What are the different types of mortgage?

    The main types are fixed-rate mortgages and variable-rate mortgages which include tracker, discounted, and capped. The most common form is a fixed-rate mortgage. This is where your monthly payments remain consistent between 2-15 years. 

  • What if I have bad credit?

    Bad credit can be a result of having defaults, county court judgments, and missed payments on your credit file. Getting a mortgage with bad credit is available but you may need to go to a specialist lender that may offer higher interest rates and fees. We advise that you speak with a mortgage adviser regarding your options. We are very able to deal with bad credit mortgage applications. 

Get Your Best Mortgage Sent To You Today

Within 10 minutes, you'll understand how much you can borrow, the interest rate and the monthly payments.

Get Your Best Mortgage Today

Contact Us

Don't be a stranger!

27 Duke Street, Chelmsford, CM1 1HT

01245 206030

Share by: