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Valuation

Language: English Series: Estates Gazette Case Summaries ; [1997] EGCS 146 (8/11/97)Publication details: 1997Subject(s): Summary: "Cavendish Funding Ltd v Henry Spencer & Sons Ltd" CA 24 October 1997. Valuation of property for mortgage purposes. Two valuations were obtained and the lender chose the higher valuation as the basis for a loan. Borrower defaulted and C claimed damages for negligent valuation. Judge found higher valuation negligent. CA "held" C contributorily negligent. C`s damages reduced by 25%.
Holdings
Item type Current library Call number Copy number Status Barcode
Law report London Journal article WB3344-46 (Browse shelf(Opens below)) 1 Available 82009-1001

"Cavendish Funding Ltd v Henry Spencer & Sons Ltd" CA 24 October 1997. Valuation of property for mortgage purposes. Two valuations were obtained and the lender chose the higher valuation as the basis for a loan. Borrower defaulted and C claimed damages for negligent valuation. Judge found higher valuation negligent. CA "held" C contributorily negligent. C`s damages reduced by 25%.