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The value of a mortgage

Series: Estates Gazette ; (9943) 30 October 1999, 156(1)Publication details: 1999Subject(s): Summary: Discusses "Europe Mortgage Co Ltd v GA Property Services Ltd" which concerned the valuation of a property for a mortgage loan. It was held that the value of a house is different from the value of the loan secured on it, and a valuer is only liable where the property is inadequate security for the loan.

Discusses "Europe Mortgage Co Ltd v GA Property Services Ltd" which concerned the valuation of a property for a mortgage loan. It was held that the value of a house is different from the value of the loan secured on it, and a valuer is only liable where the property is inadequate security for the loan.