The Covid-19 pandemic has shifted our priorities in a number of ways, particularly when it comes to reassessing where and how we want to live.

For many of us, the desire to step on the property ladder and move into a home to call our own remains a top priority.

And with more people working from home, the longing to have your own space to decorate and model your home exactly how you want continues to grow.

While the property market isn’t easy to navigate at present, there are local experts on hand to help – no matter what stage you are at.

Glasgow Credit Union is one of the few lenders offering 100% mortgages, designed to help homebuyers who have little or no deposit.

As the largest and often referred to as the most successful credit union in the UK, with over 50,000 loyal members, Glasgow Credit Union have a reliable track record of helping members manage their finances.

The organisation have been providing financial services to the people of Glasgow for well over 30 years now, and in 2013 Glasgow Credit Union were voted ‘Glasgow’s Favourite Business’ by our own readers.

The credit union’s 100% mortgage has helped many long-term renters, who struggled to save a deposit, to take that all-important move to becoming first time buyers.

This mortgage option is available for 100% of the value or purchase price of your property (whichever is lower) up to a maximum of £200,000, and they don’t currently charge any set up or higher lending fees.

The process of searching, bidding, and buying a property can be quite testing. With a bombardment of information, it can be a complex situation to try to take control of. It helps to have someone to answer the questions you will inevitably build up throughout the process. Glasgow Credit Union’s trained mortgage team are happy to help guide you throughout – from your first enquiry through to being handed the keys to your home and beyond.

The current property market is fluctuating and can be difficult to understand, particularly in Glasgow. The ‘offers over’ process has led to more buyers submitting offers above the home report value to increase their chance of having their offer accepted (any amount paid above this must come from the buyer and will not be factored into the mortgage). House values can go down as well as up therefore you may not be able to resell the property for the same or higher amount than you originally paid.

If you would like to better understand your options, the credit union's mortgage team are on hand to help you find the best course for you to finally take your first step on the property ladder.

The maximum mortgage for members is 4x sole or joint annual income. Anyone who lives or works within the G postcode can join Glasgow Credit Union.

For more information about the Glasgow Credit Union 100% mortgage, visit, or call 0141 274 9933.


This article is brought to you in association with Glasgow Credit Union.