Surveying the damage
Language: English Series: Solicitors` Journal ; 135(30) 2 August 1991, 874-875Publication details: 1991Subject(s): Summary: Illustrates with reference to recent case law how damages for negligent surveys have moved away from compensation based on the difference between the value of the property as described in the negligent survey and the actual value, which was set out in Philips v Ward 1956, to the cost of repairs and compensation for distress. The second part takes Swingcastle v Gibson 1991 as a point of departure to pose questions on the position of the lender, who has lent on the basis of a negligent survey, overvaluing the property. Especially considers the matter of interest on the loan and loss of use of money lent.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS45041 (Browse shelf(Opens below)) | 1 | Available | 50602-1001 |
Illustrates with reference to recent case law how damages for negligent surveys have moved away from compensation based on the difference between the value of the property as described in the negligent survey and the actual value, which was set out in Philips v Ward 1956, to the cost of repairs and compensation for distress. The second part takes Swingcastle v Gibson 1991 as a point of departure to pose questions on the position of the lender, who has lent on the basis of a negligent survey, overvaluing the property. Especially considers the matter of interest on the loan and loss of use of money lent.