Highlands & Islands

Ex Rangers owner Whyte hands Highland castle to bank

Craig Whyte Image copyright PA
Image caption The Bank of Scotland had pursued Craig Whyte and his wife for arrears

Former Rangers owner Craig Whyte has signed over a castle he owned in the Highlands to the Bank of Scotland.

The bank had taken Mr Whyte and his estranged wife to court over mortgage arrears on Castle Grant, near Grantown on Spey.

The Bank of Scotland provided a loan to the Whytes for their purchase of the property in 2008.

Mr Whyte had not been paying his monthly instalments and the bank launched a civil action in 2013.

It emerged at Inverness Sheriff Court on Tuesday that Mr Whyte had now signed documentation to hand Castle Grant back to the bank.

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