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Mortgage Corporation v Lambert and Co (A Firm) and Another: CA 24 Apr 2000

If it was alleged that a lender could should have been aware of an overvaluation of a property so as to start the limitation clock, the owner must satisfy the court that it was reasonable at the time alleged for the lender have become obliged to obtain a retrospective valuation. That burden was not carried … Continue reading Mortgage Corporation v Lambert and Co (A Firm) and Another: CA 24 Apr 2000

Mortgage Corporation v Lambert and Co (A Firm) and Another: ChD 11 Oct 1999

Estimates of the real values of houses which had been taken as security for loans were not sufficiently precise to forewarn a lender of the damage resulting from earlier negligent valuations, and accordingly the lender was not fixed with notice by the estimates, and time did not begin to run against them. Citations: Times 11-Oct-1999 … Continue reading Mortgage Corporation v Lambert and Co (A Firm) and Another: ChD 11 Oct 1999