Your questions, answered

Your first consultation is free. There may be a fee for mortgage advice. The precise amount will depend on your circumstances, and we will tell you before any application what, if any, fee will be charged.

Yes. If you cannot get to our office in Newbridge, one of our advisers can visit you. Our advisers live local to Abergavenny, Bargoed, Blackwood, Brecon, Bridgend, Bristol, Cardiff, Cwmbran, Newport, Swansea, Tredegar and Usk, and are willing to travel further if required.

For a first chat you do not need anything other than a rough idea of your income, outgoings and plans. When you are ready to apply, lenders usually ask for proof of identity and address, recent payslips or accounts if you are self-employed, and bank statements. We will confirm exactly what is needed for your situation.

Our office is at 20 High Street, Newbridge, and our advisers cover South Wales and the West, including Newport, Blackwood, Cwmbran, Pontypool, Abergavenny, Cardiff, Swansea and Bristol.

Many lenders use an income multiple as a starting point, often around four to four and a half times your income, then look closely at your outgoings, credit commitments and credit history. Every lender assesses affordability differently. Try our affordability calculator for a rough guide, then speak to us for a proper assessment.

Some lenders accept a deposit of 5% of the purchase price, although a larger deposit usually gives you access to a wider choice of mortgages and lower rates. Our loan to value calculator shows where you sit.

It is worth talking to us a few months before your current deal ends. Many lenders let you secure a new deal in advance, which can help you avoid moving onto your lender's standard variable rate. We will also check for any early repayment charges.

With a repayment (capital and interest) mortgage, each monthly payment reduces the amount you owe, so the mortgage is paid off by the end of the term. With interest only, you pay just the interest each month and still owe the full loan at the end, so you need a suitable plan to repay it.

No. In Wales you pay Land Transaction Tax (LTT) instead. On a main home, LTT is not payable on the first £225,000, and there is no separate first-time buyer relief. Higher rates apply if you will own more than one home. Use our Stamp Duty and LTT calculator to check the figure.

We can source a conveyancer for you, and their costs can often be lower than going to a solicitor direct. All legal and conveyancing work is carried out by a specialist, as Bright Financial Affiliates is not authorised to undertake it. Conveyancing is not regulated by the Financial Conduct Authority.

It is not usually a condition of a mortgage, but it is worth considering. Life insurance can help make sure your mortgage could be repaid and your family could stay in their home if you died. We will help you decide how much cover you need and for how long.

Buildings insurance is usually a condition of your mortgage and normally needs to be in place from exchange of contracts. Contents insurance is optional, but always advisable.

Yes. We can help you put a will and Lasting Power of Attorney in place, at home if that suits you. Wills, trusts and Lasting Powers of Attorney are not regulated by the Financial Conduct Authority.

We do not advise on pensions or investments ourselves. We can introduce you to our trusted partner, Personal Wealth Management South Wales Ltd (FCA 784785), who can advise on pensions, investments, tax planning and equity release.

Bright Financial Affiliates Limited is an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority.

Please contact The Right Mortgage in writing at St Johns Court, 70 St Johns Close, Knowle, B93 0NH, or by phone on 01564 732744. A summary of our internal complaints handling procedure is available on request. If we cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service.

We use the details you give us to respond to your enquiry and provide our services. Our Privacy Policy explains what we collect, how long we keep it and your rights.