Mortgage advice in Glasgow
If you’re looking for mortgage advice, you can speak to a Rest Less Mortgages advisor and get high quality advice on residential, retirement interest-only, equity release and buy-to-let mortgages.
Buying a property in Glasgow
The average overall price of a property in Glasgow is £167,691, with house prices in the city up 10.7% year-on-year.
The average price of a detached property in the city of Glasgow was £453,373, whilst semi-detached houses sold for an average of £248,309. Flats sold for an average of £139,970, with terraced properties fetching £211,116.
Source: HM Land Registry. Figures shown are the latest available (May 2022).
Cost comparison of houses and flats in Glasgow
Source: HM Land Registry. Figures shown are the latest available (May 2022).
Property sold in Glasgow
Overall, 15,439 properties in Glasgow were sold in the past 12 months.
Source: Zoopla
About Glasgow
With a population of over 600,000 Glasgow is the largest city in Scotland. It’s easy to get around, thanks to the Glasgow Subway system, but a leisurely walk above ground will take you through the city’s iconic Victorian architecture.
Glasgow is considered Scotland’s cultural capital, home to the Scottish Ballet and Scottish Opera, among other institutions. With numerous free museums and galleries across the city, Glasgow’s civic arts collection stands as one of the largest in all of Europe, with over one million items.
Local areas of interest include Victoria Park, where you can find fossilied tree stumps dating back 330 million years, twice the age of the dinosaurs. The history doesn’t end there either – Glasgow is thought to be the birthplace of everything from international football to chicken tikka masala.
Popular areas to live in Glasgow include Hillhead, popular with all ages and boasting Glasgow Botanic Gardens and several prestigious schools, and Shawlands, an up-and-coming area that the Guardian has compared to Manhattan’s Lower East Side. Scotsctoun is a favourite for families, an affordable riverside neighbourhood with parks, museums and excellent schools. High-end buyers might take an interest in Bearsden, a neighbourhood containing golf courses, Kilmardinny Loch Nature Reserve and fast rail links to the city centre.
An invigorating mix of old and new, Glasgow isn’t to be overlooked when thinking about places to buy property. The city’s unique blend of history, industry and culture promises something for everyone. If you’re planning to buy a property in Glasgow, you can find out more about the mortgage options that might be available to you, and how they compare, in our articles Mortgages for over 50s: What you need to know and Mortgages for over 60s: what you need to know.
The city is easily walkable, but one of the easiest ways to get around is via the subway. Glasgow Central Station links Glasgow by rail to the south. Trains from Glasgow to London take around five hours 15 minutes.
Investing in buy-to-let properties in Glasgow
Glasgow is one of the biggest student centres in the UK and has an estimated full time student population of 80,000. With three major universities in the city, and student numbers expected to grow, this is good news for people looking for buy-to-let student property investment in Glasgow. Find out more about buying a property to let out in our guide Buy to let: A beginner’s guide.
Find out how much you could borrow
Get an idea of how much you can borrow, based on your monthly income and outgoings using our mortgage affordability calculator.
Compare mortgage rates today
If you’d like to find out the kind of deals available on the market now, you can compare mortgage rates from the whole of market in minutes. Our comparison tool makes it easy to try out a few scenarios to see how that affects the mortgage rates available – simply adjust your options to see how that affects the results.
Want to speak to a mortgage advisor?
Speaking to an experienced mortgage advisor can help you to understand your options and get a great deal on your mortgage. If you’re looking for somewhere to start, you can speak to a Rest Less Mortgages advisor and get high quality advice on residential, retirement interest-only, equity release and buy-to-let mortgages.
Other areas you'd like to explore
If you are in the early phases of buying a property and haven’t settled on a location for your future home yet, check out mortgage information and house prices in these areas.
Read our mortgages guides
Whether you’re looking to understand how mortgages work, want to refresh your mortgage knowledge or you’re looking for the latest news in the world of mortgages – our guides are here to help.
Source acknowledgement: House price data produced by Land Registry.
This material was last updated on 10 May 2022. It covers the period from 1 May 2021 to 1 May 2022 and contains property transactions which have been registered during that period.
Contains HM Land Registry data © Crown copyright and database right 2022. This data is licensed under the Open Government Licence v3.0.
If you have found an error with the data please contact Her Majesty’s Land Registry (HMLR).
Please note that we charge a fee of £495 for residential, buy-to-let and retirement interest-only mortgages, and £995 for equity release. This only be chargeable upon mortgage completion.
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Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details of the FOS can be found on its website at www.financial-ombudsman.org.uk.