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Discharge of Security

Our Property and Conveyancing department is led by partner, Robert Macduff-Duncan.  Robert was admitted as a solicitor in 2004, joined the firm in 2018 and was assumed as a partner in 2021.

Once you have paid off your mortgage in full, you will usually require to discharge the security held by your bank or lender. This process involves drafting a document which is then signed by your bank or lender to confirm that they no longer have a claim over your property. This document is then registered with the Registers of Scotland.

For a basic discharge of mortgage security, the fee may be £150 plus VAT of £30.

The only outlay is a charge of £80 payable to the Registers of Scotland.

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