000			01537cab a2200289 4500
001			ABS54413
008			090401t1996 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u10182
041			_aeng
245			_aMortgage Express Ltd v Bowerman & Partners
260			_c1996
350			_a0
490			_aEstates Gazette _v1996 04 EG 126-130(5)
520			_aCA 11 July 1995. Cross appeal by firm of solicitors against award of damages for negligence. G, partner in a firm of solicitors acted for both H and respondent lender M in relation to H`s acquiring a flat for £220,000 and the creation of a mortgage by H to M to secure a loan of £180,150. G was sent a copy of the valuation of the flat for £199,000. H`s immediate vendor was acquiring flat for £155,000 but G failed to inform M. H defaulted in his mortgage payments and M repossessed flat which was eventually sold for £96,000. M argued that if it had been informed of sale to H`s vendor at £150,000, it would have arranged for a second valuation. M`s appeal on damages allowed. Cross appeal dismissed on grounds that G owed duty to inform M of price increase.
650			_aBREACHES OF TRUST
650			_aDISCLOSURE OF INFORMATION
650			_aDUTY OF CARE
650			_aDUTY TO INFORM
650			_aLIABILITY
650			_aMORTGAGE EXPRESS LTD V BOWERMAN AND PARTNERS
650			_aNEGLIGENCE
650			_aSOLICITORS
650			_aValuation _96273
690			_aMANAGEMENT-BUSINESS MANAGEMENT-PROFESSIONAL PRACTICE
942			_n0
948			_c04/03/1997
999			_c6401 _d6401