Mortgage Corporation v Lambert & Co and another (Record no. 62013)

MARC details
000 -LEADER
fixed length control field 01671cam a2200217 4500
001 - CONTROL NUMBER
control field ABS61738
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 000000n1999 000 0 eng u
035 ## - SYSTEM CONTROL NUMBER
System control number (Sirsi) u103179
245 ## - TITLE STATEMENT
Title Mortgage Corporation v Lambert & Co and another
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 1999
490 ## - SERIES STATEMENT
Series statement Estates Gazette
Volume/sequential designation [1999] 42 EG 138-142(5)
520 ## - SUMMARY, ETC.
Summary, etc. 30 April 1999 L provided a valuation of a property for M, stating the value at £250,000. M lent the borrowers £176,631.73, secured on the property. M also claimed the true value of the property was only £150,000. Throughout the period of the mortgage, the borrowers remained in arrears of payments and in March 1996 M repossesed the property. In August 1996, the property was sold for £100,000. L denied negligence and alleged that M's claim was barred by the Limitation Act 1980, as before 15 October 1990 (when M first suffered losses) the value of the owner's covenant to repay instalments was worthless. The plaintiff had received valuation reports prior to 3 years ending with the issue of the writ, enabling M to question the valuation. The preliminary issue of the trial was whether the claims in contract and tort were statute-barred. "Held" From the date of the first default until 4 October 1990, the owner's covenant to pay instalments was worthless and would not have been sufficient to make up the shortfall between the amount lent and the true value of the property.
590 ## - LOCAL NOTE (RLIN)
Local note ABS
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element MORTGAGE VALUATIONS
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element NEGLIGENCE
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element LIMITATION ACT 1980
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element MORTGAGE CORPORATION V LAMBERT
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element VALUERS
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element PROPERTY-PROPERTY APPRAISAL AND VALUATION
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC 0
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total Checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
    Dewey Decimal Classification     London London Journal article 16/12/1999   ABS61738 103179-1001 06/08/2019 1 06/08/2019 Law report