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Nykredit Mortgage Bank plc v Edward Erdman Group Ltd (No2)

Language: English Series: All England Law Reports ; [1998] 1 All ER, 305-317(11)Publication details: 1998Subject(s): Summary: HL 27 November 1997. The House of Lords had to determine the level of interest to be paid upon damages awarded following a negligent valuation. "Held" The date from which interest could be awarded was the date on which the lender actually suffered the loss attributable to the valuers` breach of duty. Accordingly, interest would be payable from 12 DEcember 1990.

HL 27 November 1997. The House of Lords had to determine the level of interest to be paid upon damages awarded following a negligent valuation. "Held" The date from which interest could be awarded was the date on which the lender actually suffered the loss attributable to the valuers` breach of duty. Accordingly, interest would be payable from 12 DEcember 1990.