Raja v Lloyds Tsb Bank Plc: ChD 16 May 2000

The obligation of a mortgagee having taken possession of a property to obtain a proper price, was an obligation due in equity, and not either under the contract for the loan or as associated with the speciality agreement giving the property in charge. Nevertheless the claim was akin to an action for damages for negligence, and the period of limitation governing the action was six years.


Times 16-May-2000


Limitation Act 1980 2


England and Wales

Limitation, Professional Negligence

Updated: 03 April 2022; Ref: scu.85655