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
Statutes:
Jurisdiction:
England and Wales
Citing:
Appealed to – 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 . .
Cited by:
Appeal froom – 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 . .
Lists of cited by and citing cases may be incomplete.
Limitation, Land
Updated: 09 April 2022; Ref: scu.83871
