The Real Cost of Buying a First Home in Renfrew
A first purchase at the £150,000 Renfrew average needs about £18,300 in cash, made up of £15,000 deposit, £0 LBTT with first time buyer relief, and roughly £3,300 in fees.
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to.
A first purchase at the £150,000 Renfrew average needs about £18,300 in cash, made up of £15,000 deposit, £0 LBTT with first time buyer relief, and roughly £3,300 in fees.
The full cash number for Renfrew
On the local average the deposit is £15,000, LBTT is £0 and fees are near £3,300. Total cash needed is about £18,300.
First time buyer relief raises the LBTT nil rate band to £175,000, saving you £100 against the standard charge of £100 at this price. LBTT rates are set by the Scottish Government and collected by Revenue Scotland. Confirm the current position on revenue.scot before you complete.
Where the upfront cash goes
The commercial page for this town sets out the introduction itself: Mortgage advice in Renfrew.
Where local earnings cap the purchase price
The costs that start the day you move in
Band D council tax in Renfrewshire is £1,691 a year, which is £141 a month. Add energy, water, insurance and maintenance.
Protection belongs in the same budget. If the mortgage depends on two incomes, it depends on both people staying well enough to earn. That is the part of the purchase we advise on directly.
The Renfrew detail first buyers ask about
The schools families ask about here are Renfrew High School, Trinity High School, Newmains Primary School, Kirklandneuk Primary School and St James' Primary School. Ratings age between inspections, so read the latest report before you rely on one.
On getting about: Renfrew to Glasgow city centre takes about ~15 to 20 min drive.
By price, Renfrew ranks 7 of the 10 Renfrewshire locations we cover, at £150,000 against a county average of £219,000. Band D council tax here is £1,691, against £1,691 across the county.
In Scotland first time buyer relief raises the LBTT nil rate band to £175,000, worth up to £600. There is no upper price limit on the relief.
What your money buys in Renfrew
Renfrew is historic Royal Burgh on the Clyde, affordable, on the edge of Glasgow and beside the airport.
The full local guide covers schools, transport and the market in detail: Renfrew property and area guide.
| Budget | What it buys here |
|---|---|
| Around £60,000 to £115,000 | A tenement or town-centre flat, among the most accessible ways into the housing market on the edge of Glasgow, popular with first-time buyers, investors and airport workers. |
| Around £115,000 to £230,000 | A terrace, a semi or a family home in the established suburbs or on a newer riverside development, the heart of the Renfrew market. |
| £230,000 and above | A detached or larger home in the established streets or a newer riverside scheme, the top of the local market. |
- Right on the edge of Glasgow with the M8 a couple of minutes away
- The new Renfrew Bridge and the Yoker ferry linking across the Clyde
- Braehead shopping and leisure on the eastern edge by the river
- A simple Scottish council-tax bill, no police, fire or community precept
- A full 24-hour A&E a few minutes away at the Royal Alexandra in Paisley
- No railway station in the town itself (nearest Paisley Gilmour Street and Hillington)
- Homes near the Glasgow Airport flightpaths can be affected by aircraft noise
- An ex-shipbuilding and industrial legacy, a contaminated-land or ground check can apply
- Scottish Water is a separate charge added to the same bill (~£652 at Band D)
- A low riverside setting, flood risk near the Clyde and White Cart should be checked
Renfrew is known locally for A historic Royal Burgh, and Braehead. Renfrew is one of Scotland's oldest Royal Burghs and gave its name to the whole county, a long civic history, and the source of the royal title "Baron of Renfrew".
Practical detail for Renfrew: the PA4 postcode district, no station in Renfrew, nearest are Paisley Gilmour Street and Hillington; the M8 is on the doorstep and nearest A and E is Royal Alexandra Hospital, Paisley (NHS Greater Glasgow & Clyde), a full 24-hour A&E a few minutes away.
Renfrew at a glance
| Upfront cost | Renfrew figure |
|---|---|
| Average price | £150,000 |
| Deposit at 10% | £15,000 |
| LBTT, first time buyer | £0 |
| LBTT, standard rate | £100 |
| Legal, survey and moving | £3,300 |
| Total cash needed | £18,300 |
| Monthly repayment illustration | £789 |
Figures are local averages used for illustration. Confirm your own numbers before acting on them.
Ask about Renfrew
Three details is all we need. You are told before anything is passed to a partner firm.
Your checklist
- Total cash of about £18,300, not just the deposit
- Your LBTT position confirmed on revenue.scot
- A first year running cost budget including £1,691 council tax
- Income protection quoted before completion, not after
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to.
Check broadband before you make an offer in Renfrew
Broadband speeds can vary street by street in Renfrew, so check the exact address before you commit. Ofcom's free checker shows which broadband speeds and mobile coverage are available at any UK property.
We can introduce you to a specialist who can combine your mobile, broadband and utilities into one bill. There's no fee for the introduction.
We don't provide these services ourselves. Switching household bills is not a regulated financial service, so FCA protections and the Financial Ombudsman do not apply. We'll only pass your details to the specialist if you ask us to. See our privacy notice.
Questions people ask
How much money do I need to buy a first home in Renfrew?
Do first time buyers pay LBTT in Renfrew?
What is the biggest hidden cost?
How do I check broadband speed at a property in Renfrew?
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