Craig Whyte has two weeks to pay for castle

Former Rangers owner Craig Whyte. Picture: Phil Wilkinsonplaceholder image
Former Rangers owner Craig Whyte. Picture: Phil Wilkinson

THE former owner of Rangers Craig Whyte has been given two weeks to pay overdue mortgage payments on his Highland home.

If Whyte fails to repay the arrears owed to Bank of Scotland, he will lose Castle Grant near Granton-on Spey which he bought for £720,000 in 2008.

Legal action by the bank continued at Inverness Sheriff Court yesterday, with lawyers given two weeks to reach agreement.

An arrest warrant was issued for Whyte last week after he failed to appear at court to appear as a witness in a theft case against his former housekeepers.

Whyte purchased Rangers in May 2011. The club subsequently went into administration in March 2012.

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