Mortgage Express Ltd v Bowerman & Partners
Language: English Series: Estates Gazette ; 1994 34 EG 116-122(7)Publication details: 1994Subject(s): Summary: ChD 17 May 1994. Raised question of whether a solicitor owed duty to inform mortgagee of subsale by which vendor selling out substantial profit suggested that mortgagee relied on incorrect valuation. In awarding £114,207.17 damages it was held that a solicitor acting for mortgagee and purchaser has a duty of care to each party to inform them of the information.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | X1683 (Browse shelf(Opens below)) | 1 | Available | 18664-1001 |
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ChD 17 May 1994. Raised question of whether a solicitor owed duty to inform mortgagee of subsale by which vendor selling out substantial profit suggested that mortgagee relied on incorrect valuation. In awarding £114,207.17 damages it was held that a solicitor acting for mortgagee and purchaser has a duty of care to each party to inform them of the information.