Liability of negligent valuer
Language: English Series: Estates Gazette ; (9509) 4 March 1995, 319(1)Publication details: 1995Subject(s): Summary: Discusses the implications of "Banque Bruxelles Lambert SA v Eagle Star Insurance Co Ltd" (1995) EGCS 31, where any negligence in the course of a mortgage valuation will henceforth operate to transfer the risk of a market collapse from the lender to the valuer, at least where, if the true value had been known, there would have been no mortgage loan at all.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3110-50 (Browse shelf(Opens below)) | 1 | Available | 22819-1001 |
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Discusses the implications of "Banque Bruxelles Lambert SA v Eagle Star Insurance Co Ltd" (1995) EGCS 31, where any negligence in the course of a mortgage valuation will henceforth operate to transfer the risk of a market collapse from the lender to the valuer, at least where, if the true value had been known, there would have been no mortgage loan at all.