Lenders beware - the value of valuations?
Lenders beware - the value of valuations?
- 1994
- Banking & Finance (11) April 1994, 5-6(2) .
Digests the lessons of the recent negligence case "Banque Bruxelles Lambert SA v John D Wood Commercial Ltd". Recommends the basic steps a lender should take to protect his interests against negligent valuation when lending on the property market.
FALLING MARKET
MORTGAGE INDEMNITY POLICIES
NEGLIGENCE
OVER-VALUATION
VALUERS
Digests the lessons of the recent negligence case "Banque Bruxelles Lambert SA v John D Wood Commercial Ltd". Recommends the basic steps a lender should take to protect his interests against negligent valuation when lending on the property market.
FALLING MARKET
MORTGAGE INDEMNITY POLICIES
NEGLIGENCE
OVER-VALUATION
VALUERS