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 in this case.
Citations:
Times 24-Apr-2000, [2000] PNLR 820
Statutes:
Jurisdiction:
England and Wales
Citing:
Appeal froom – 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 . .
Cited by:
Appealed to – 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 . .
Cited – Adams v Bracknell Forest Borough Council HL 17-Jun-2004
A attended the defendant’s schools between 1977 and 1988. He had always experienced difficulties with reading and writing and as an adult found those difficulties to be an impediment in his employment. He believed them to be the cause of the . .
Lists of cited by and citing cases may be incomplete.
Land, Limitation, Professional Negligence
Updated: 09 April 2022; Ref: scu.83872