Lloyds TSB Bank plc v Edward Symmons and Partners
Series: Estates Gazette Case Summaries ; [2003] 13 EG 116 (CS) (1)Publication details: 2003Subject(s): Online resources: Summary: [2003] EWHC 346 (TCC). Action by the claimant bank (L) for damages arising out of an allegedly negligent valuation provided by the defendant firm (S) in 1998. S advised that the commercial property was worth £525 000. L sold the premises and contended that the true open market value was £1.1m. The main allegation was that S had not accounted for various lettable areas capable of producing an annual income of about £56 600. The judge found that S's valuation fell within the permissible non-negligent range. "Held" the claim was dismissed. View judgment at www.bailii.org.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | ABS66654 (Browse shelf(Opens below)) | 1 | Available | 122122-1001 |
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[2003] EWHC 346 (TCC). Action by the claimant bank (L) for damages arising out of an allegedly negligent valuation provided by the defendant firm (S) in 1998. S advised that the commercial property was worth £525 000. L sold the premises and contended that the true open market value was £1.1m. The main allegation was that S had not accounted for various lettable areas capable of producing an annual income of about £56 600. The judge found that S's valuation fell within the permissible non-negligent range. "Held" the claim was dismissed. View judgment at www.bailii.org.