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Better late than never

By: Language: English Series: Mortgage Finance ; 127(1546) March 1995, 47(1)Publication details: 1995Subject(s): Summary: Rehearses the arguments in "First National Commercial Bank plc v Humberts" (1994) in which it was held that a lender was not statute barred from suing its valuer more than six years after the loan in question was made. Urges potential litigants to take prompt advice, but not to assume they are too late for redress.

Rehearses the arguments in "First National Commercial Bank plc v Humberts" (1994) in which it was held that a lender was not statute barred from suing its valuer more than six years after the loan in question was made. Urges potential litigants to take prompt advice, but not to assume they are too late for redress.