Register of Statutory Pledges


About

The Register of Statutory Pledges (RSP) allows the legal creation of statutory pledges in Scotland under the Moveable Transactions (Scotland) Act 2023.

This means that physical moveable property, intellectual property, and financial instruments can be used as security for loans and can be registered as a Statutory Pledge on the RSP.

Terminology

TermMeaning
Statutory pledge This is a fixed security over moveable asset(s).
Provider

This is the company or person who has granted the pledge.

Secured creditor This is the company or person who has been granted the statutory pledge.
Encumbered Property

The asset(s) over which the pledge has been granted.

Statutory pledge constitutive document This is the document that creates the statutory pledge and which is registered in the RSP.

Using the register

You can:

Fees

  • Registration = £30
  • Search = £3 (plus VAT)
  • Correction = £10
  • Amendment = £30
  • Discharge = £10
  • Extract =£35 (plus VAT)

Multiple registrations = £30 + £5* the number of secondary registrations.

There are two ways to pay for transactions on the Register of Statutory Pledges.

You can pay by:

  • Direct Debit
  • card

If you have a FAS account with RoS, you can set up a Direct Debit. This will be a different Direct Debit than the one you use to pay for ScotLIS.

If you pay by  card, you’ll receive a receipt.

Go to the Register of Statutory Pledges

Support

Customer Services 0800 169 9391

Post

Registers of Scotland

Meadowbank House

153 London Road

Edinburgh

EH8 7AU