Surveying the damage
Dugdale, T
Surveying the damage - 1991 - Solicitors` Journal 135(30) 2 August 1991, 874-875 .
Illustrates with reference to recent case law how damages for negligent surveys have moved away from compensation based on the difference between the value of the property as described in the negligent survey and the actual value, which was set out in Philips v Ward 1956, to the cost of repairs and compensation for distress. The second part takes Swingcastle v Gibson 1991 as a point of departure to pose questions on the position of the lender, who has lent on the basis of a negligent survey, overvaluing the property. Especially considers the matter of interest on the loan and loss of use of money lent.
NEGLIGENCE
OVER VALUATION
SURVEYS
SYRETT V CARR AND NEAVE
Valuation
WATTS V MORROW
Surveying the damage - 1991 - Solicitors` Journal 135(30) 2 August 1991, 874-875 .
Illustrates with reference to recent case law how damages for negligent surveys have moved away from compensation based on the difference between the value of the property as described in the negligent survey and the actual value, which was set out in Philips v Ward 1956, to the cost of repairs and compensation for distress. The second part takes Swingcastle v Gibson 1991 as a point of departure to pose questions on the position of the lender, who has lent on the basis of a negligent survey, overvaluing the property. Especially considers the matter of interest on the loan and loss of use of money lent.
NEGLIGENCE
OVER VALUATION
SURVEYS
SYRETT V CARR AND NEAVE
Valuation
WATTS V MORROW