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Good value for money

By: Series: Estates Gazette ; (0320) 17 May 2003, 145(1)Publication details: 2003Subject(s): Online resources: Summary: Discusses a recent decision "Lloyds TSB Bank plc v Edward Symmons and Partners" ([2003] EWHC 346 (TCC), Abs66654) in which the HC rejected the bank's (L) claim for damages for an alleged negligent valuation carried out by (E). "Merivale Moore plc v Strutt and Parker" (CA WB3517-20) applied. Claim rejected on the grounds that the valuation was within the permissible margin of error. In order to succeed with negligence claim against a valuer it is necessary to show that the valuation was outside the 'margin of error'. If it is, this is itself evidence of negligence. View judgment at www.bailii.org.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS66748 (Browse shelf(Opens below)) 1 Available 122382-1001

Discusses a recent decision "Lloyds TSB Bank plc v Edward Symmons and Partners" ([2003] EWHC 346 (TCC), Abs66654) in which the HC rejected the bank's (L) claim for damages for an alleged negligent valuation carried out by (E). "Merivale Moore plc v Strutt and Parker" (CA WB3517-20) applied. Claim rejected on the grounds that the valuation was within the permissible margin of error. In order to succeed with negligence claim against a valuer it is necessary to show that the valuation was outside the 'margin of error'. If it is, this is itself evidence of negligence. View judgment at www.bailii.org.