000			01602cab a2200241 4500
001			ABS57534
008			090401t1997 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u80464
041			_aeng
245			_aNational Home Loans Corp Plc v Giffen Couch & Archer
260			_c1997
350			_a0
490			_aAll England Law Reports _v[1997] 3 All ER 808-816(9)
520			_aCA 18 June 1997. The plaintiff, a mortgage lender, offered a married couple a loan secured by a remortgage on the borrower`s property. The defendant, a firm of solicitors, agreed to act for both the plaintiff and the borrowers. The plaintiff sent written instructions to the defendant requiring them to investigate title to the property and the financial circumstances of the borrowers. There was no requirement to report on the state of the account of the existing mortgage. The defendants became aware of arrears on the existing mortgage but did not inform the mortgage lenders. The borrowers became in arrears and the plaintiff, as mortgagees, sold the property. The plaintiff commenced proceedings against the solicitors for breach of duty in failing to reveal information relating to the borrowers. The judge held that the defendants had been negligent and awarded damages to the plaintiff. The defendants appealed. Appeal allowed.
650			_aBREACH OF DUTY
650			_aMORTGAGE LENDERS
650			_aNATIONAL HOME LOANS CORP PLC V GIFFEN COUCH & ARCHER
650			_aNEGLIGENCE
650			_aSOLICITORS
690			_aPROPERTY LAW AND PRACTICE-CASE LAW
942			_n0
948			_c26/08/1997
999			_c50665 _d50665