A mortgagee who sold by private treaty at a discount in order to achieve a quick sale, instead of offering the property at market value, was held to have breached his duty.
Citations:
[1986] 2 EGLR 144
Jurisdiction:
England and Wales
Cited by:
Cited – Roger Michael and others v Douglas Henry Miller and Another ChD 22-Mar-2004
Property had been sold by the respondents as mortgagees in possession. The claimants said the judge had failed to award the value of the property as found to be valued, and had not given a proper value to a crop of lavender.
Held: In . .
Lists of cited by and citing cases may be incomplete.
Professional Negligence
Updated: 25 November 2022; Ref: scu.194823
