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100% Mortgages from Glasgow Credit Union
Getting onto the property ladder might be easier than you think with our 100% mortgage!
Designed to help home buyers who have little or no deposit, this mortgage is available for 100% of the value or purchase price of your property (whichever is lower), up to a maximum loan amount of £125,000.
Our Mortgage Guarantee also promises that we’ll give you our best service, or we’ll pay you £100! We don’t charge any set-up fees, however, a higher lending charge will apply on our 100% mortgage.
Check out our first time buyer checklist to help you navigate your way to home ownership.
Mortgage Calculator
Discounted Variable Rate Mortgages
| Product | Initial Rate | Followed by SVR (current rate) | Overall Cost for Comparison | Set-up Fees | Monthly Payment |
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| No Mortgages match. | |||||
Standard Variable Rate Mortgages
| Product | Initial Rate | Followed by SVR (current rate) | Overall Cost for Comparison | Set-up Fees | Monthly Payment |
|---|---|---|---|---|---|
| No Mortgages match. | |||||
For more information, contact our mortgage team on 0141 274 9933
Not got time to talk right now?
Complete our online form and we’ll contact you to discuss your mortgage enquiry.
IMPORTANT INFORMATION
- Maximum loan to income is 4 x your annual income (benefits can only be taken into consideration if they are payable for the full term of mortgage – evidence of this will be required). For non-contractual regular income such as bonuses or regular overtime, some of this income may be considered if proof is available over a two-year period.
- Higher Lending charge applies – 1% of loan amount. Therefore, the maximum fee would be £1,250 if the property price/value = maximum permitted under scheme (£125,000).
- Fees cannot be added to loan amount.
- All loans are subject to status and meeting our lending criteria, which will include a credit reference assessment. If you do not meet the affordability assessment, our team will advise the maximum amount (if any) you may qualify for and if it is possible to lend with a deposit.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
© Glasgow Credit Union is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our FRN is 213558
