Spotlight on value
Spotlight on value
- 2002
- Estates Gazette (0236) 7 September 2002, 146(1) .
Looks at the professional's, in particular the valuer's duty of care in relation to third parties. Discusses "Raja v Austin Gray" in which valuers instructed by receivers owed a duty of care to all those known to have an interest in the equity of redemption in a mortgaged property. Possible claimants against negligent valuers could include the owner of property repossessed and resold by the mortgage lender. Full transcript available on Court Service website http://www.courtservice.gov.uk/View.do?id=1315&searchTerm=raja&ascending=false&index=0&maxIndex=2.
VALUERS
DUTY OF CARE
UNDERVALUE
MORTGAGEES
RECEIVERS
RAJA V AUSTIN GRAY
CUCKMERE BRICK CO V MUTUAL FINANCE LTD
HUISH V ELLIS
THIRD PARTIES
Looks at the professional's, in particular the valuer's duty of care in relation to third parties. Discusses "Raja v Austin Gray" in which valuers instructed by receivers owed a duty of care to all those known to have an interest in the equity of redemption in a mortgaged property. Possible claimants against negligent valuers could include the owner of property repossessed and resold by the mortgage lender. Full transcript available on Court Service website http://www.courtservice.gov.uk/View.do?id=1315&searchTerm=raja&ascending=false&index=0&maxIndex=2.
VALUERS
DUTY OF CARE
UNDERVALUE
MORTGAGEES
RECEIVERS
RAJA V AUSTIN GRAY
CUCKMERE BRICK CO V MUTUAL FINANCE LTD
HUISH V ELLIS
THIRD PARTIES