Macey v Debenham Tewson and Chinnocks
Language: English Series: Estates Gazette ; (1993) 12 EG 127-131(5)Publication details: 1993Subject(s): Summary: ChD 29 September 1992. The plaintiff, M, is a solicitor who started investing in commercial property in 1983. He was mainly interested in freehold retail properties in good locations yet at low rents with about 15 years unexpired. He employed the defendant surveyors, D, to find him properties. In 1986 he bought a property in Maidenhead which led to him suing D for advising him to pay too much for it. He paid £1.026m and alleges the value was £530,000. He was advised by another firm of surveyors that with hope value he should have paid £633,750. The case was held in favour of D on the grounds that the valuation had been correct when examining comparable values and yields.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | ABS48322 (Browse shelf(Opens below)) | 1 | Available | 66181-1001 |
Browsing London shelves, Shelving location: Journal article Close shelf browser (Hides shelf browser)
ChD 29 September 1992. The plaintiff, M, is a solicitor who started investing in commercial property in 1983. He was mainly interested in freehold retail properties in good locations yet at low rents with about 15 years unexpired. He employed the defendant surveyors, D, to find him properties. In 1986 he bought a property in Maidenhead which led to him suing D for advising him to pay too much for it. He paid £1.026m and alleges the value was £530,000. He was advised by another firm of surveyors that with hope value he should have paid £633,750. The case was held in favour of D on the grounds that the valuation had been correct when examining comparable values and yields.