Charges against property ( Scotland )

johnnyren

Hi
      Could someone tell me how long a charge can be registered against a property in Scotland ,   Does it expire totally after 12 years whether the debt has been paid off or not ?    Or is it still outstanding ?
                         Thanks 

user1977

What sort of charge?

johnnyren

A charge placed against your property , usually from a bank    As a security against a debt ,     Have you never heard of it ?   

user1977

Yes, but there are other types, and we wouldn’t typically refer to a normal mortgage as a “charge”.

Mortgage terms are typically much longer than 12 years long, there wouldn’t be much point in registering the security if it flew off halfway through a 25 year mortgage.