Apart from missing out the detour via Clydeside, this is very similar to what Jon Boden sings on the first Spiers and Boden CD Through and Through where in the notes it states 'a version of Young Hunting noted from a Miss Stephenson of Glasgow in 1825'.   Instead of 'wha so fain' he sings 'who so ready' and for the 5th stanza he sings: 'He's leant down from his milk white steed to kiss her ruby cheek/She held a penknife in her hand and wounded him so deep', and 'gin' becomes 'if' throughout, all of which is considerably less arcane and more comprehensible to today's listeners. If you want to compare the whole thing it's here under album details.