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Tenure (feudal) may be wrong in remortgage offer. Is this an issue?

Ddrago
Posts: 37 Forumite

Hello
I have been going through a remortgage and everything is about to be concluded, if funds have not already been drawn down I suspect it will happen at start of next week.
I was just having a look at my mortgage offer and noticed that my tenure is listed as feudal. I thought this had been abolished in Scotland? I'm not sure where it came from as I certainly didn't state this at any time can anyone tell me if there's a way of checking this is correct?
Also, if it is incorrect, can it be easily amended with mortgage company or will it be an issue once funds have been drawn down?
Thanks in advance
I have been going through a remortgage and everything is about to be concluded, if funds have not already been drawn down I suspect it will happen at start of next week.
I was just having a look at my mortgage offer and noticed that my tenure is listed as feudal. I thought this had been abolished in Scotland? I'm not sure where it came from as I certainly didn't state this at any time can anyone tell me if there's a way of checking this is correct?
Also, if it is incorrect, can it be easily amended with mortgage company or will it be an issue once funds have been drawn down?
Thanks in advance
0
Comments
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Anything which was feudal = ownership now. Doesn't matter in the slightest. For all practical purposes, you don't need to worry about tenure in Scotland for residential properties as it's all ownership.0
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