Damages recovered from negligent valuer
Damages recovered from negligent valuer
- 1995
- Times 21 February 1995, 36 Financial Times 22 February 1995, 12 Property Week 50(8) 23 February 1995, 5(4) .
"Banque Bruxelles Lambert SA v Eagle Star Insurance Co Ltd and others" CA 20 February 1995. Held that the lender could recover damages from the valuer, who negligently overvalued a property, and this also included further losses suffered by the lender when selling the property in a falling market after the borrower defaulted.
BNP MORTGAGES LTD V GOADSBY & HARDING LTD
BNP MORTGAGES LTD V KEY SURVEYORS NATIONWIDE LTD
DAMAGES
FALLING MARKET
MORTGAGE EXPRESS LTD V BOWERMAN & PARTNERS
NEGLIGENCE
NYKREDIT MORTGAGE BANK LTD V EDWARD ERDMAN GROUP LTD
OVER-VALUATION
UNITED BANK OF KUWAIT PLC V PRUDENTIAL PROPERTY SERVICES LTD
VALUERS
"Banque Bruxelles Lambert SA v Eagle Star Insurance Co Ltd and others" CA 20 February 1995. Held that the lender could recover damages from the valuer, who negligently overvalued a property, and this also included further losses suffered by the lender when selling the property in a falling market after the borrower defaulted.
BNP MORTGAGES LTD V GOADSBY & HARDING LTD
BNP MORTGAGES LTD V KEY SURVEYORS NATIONWIDE LTD
DAMAGES
FALLING MARKET
MORTGAGE EXPRESS LTD V BOWERMAN & PARTNERS
NEGLIGENCE
NYKREDIT MORTGAGE BANK LTD V EDWARD ERDMAN GROUP LTD
OVER-VALUATION
UNITED BANK OF KUWAIT PLC V PRUDENTIAL PROPERTY SERVICES LTD
VALUERS