First Time Buyers

help to buy your first home

We have a range of mortgages to suit first time buyers. We’ll even provide you with your very own dedicated mortgage adviser to help you through the purchase.

We also offer mortgages in conjunction with a range of affordable housing schemes for first time buyers.

Enter some details in the calculator to see how affordable our mortgages are.

Mortgage Calculator

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Discounted Variable Rate Mortgages

Product Initial Rate Followed by SVR (current rate) Overall Cost for Comparison Set-up Fees Monthly Payment

Standard Variable Rate Mortgages

Product Initial Rate Followed by SVR (current rate) Overall Cost for Comparison Set-up Fees Monthly Payment

If you’d rather talk to us, you can call our mortgage team on 0141 274 9933

The minimum mortgage amount we will consider is £40,000. All loans are subject to status and meeting our lending criteria which will include a credit reference assessment.

The £499 setup fee is payable before completion by all new mortgage customers.  The reduced £150 product transfer fee only applies to existing Glasgow Credit Union mortgage customers.

A higher lending charge may be applicable depending on the amount you wish to borrow and the value/purchase price of your property. We charge 0.5% of the loan value for LTV between 85% and 90% and 1% of the loan value for LTV greater than 90%. The maximum you can borrow is 95% of the value or purchase price (whichever is lower) of your property.

Early repayment charges of 2% applies during the promotional rate period.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.