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Solicitors' firm equally liable with surveyor for negligent mortgage valuation

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Published on: 15 April 2014
Published by a LexisNexis Dispute Resolution expert

Table of contents

  • Original news
  • What were the issues involved in the case?
  • What principles applied?
  • CML Handbook and Solicitors’ Practice Rules
  • What did the High Court decide?
  • Liability
  • Causation
  • Apportionment
  • What are the lessons for lawyers?

Article summary

Property analysis: Do the duties of solicitors acting for lenders extend to the amount of the valuation? A firm of solicitors was equally liable with a surveyor for a negligent mortgage valuation.

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Jurisdiction(s):
United Kingdom

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