000			01343cab a2200289 4500
001			ABS51621
008			090401t1994 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u35583
041			_aeng
245			_aBNP Mortgages Ltd v Goadsby & Harding Ltd
260			_c1994
350			_a0
490			_aEstates Gazette _v(1994) 42 EG 150-158(9)
520			_aORB 19 April 1994. The defendants (G) provided B with a valuation of a barn conversion at £245,000 prior to a mortgage advance. B lent £196,000 on the property but as the occupiers fell behind with payments, took possession and sold it for £100,000. B sought damages from G, claiming G had been negligent or fraudulent in their valuation. At this preliminary hearing G was found to have relied on an earlier valuation for a different lender and was, therefore, negligent. The maximum value should have been £200,000. However, G was not fraudulent and was not responsible for the fall in market value.
650			_aFALLING MARKET
650			_aMARKET VALUE
650			_aMORTGAGE VALUATIONS
650			_aNEGLIGENCE
650			_aOPEN MARKET VALUE
650			_aRISK
650			_aSURVEYORS
650			_aVALUERS
690			_aMANAGEMENT-BUSINESS MANAGEMENT-PROFESSIONAL PRACTICE
690			_aRATING AND VALUATION-CASE LAW
942			_n0
948			_c04/03/1997
999			_c23283 _d23283