000			01569cam a2200253 4500
001			ABS62667
008			000000n2000 000 0 eng u
035			_a(Sirsi) u107613
245		4	_aThe Mortgage Corporation v Lambert and Co (a firm) (2) Thomas Alan Stanbury
260			_c2000
490			_aBuilding Law Reports _v[2000] 6 265-271(7)
520			_aCA 11 April 2000. The claimant, (TMC) had advanced a mortgage on a house valued at £250,000 on 30 April 1990, by the defendant L. The borrowers defaulted on the mortgage and the property was repossessed. In April 1996, M's valuer retrospectively value the house, at £150,000, and the property was finally sold for £100,000. On 15 October 1996, TMC commenced proceedings, alleging that the valuers had acted negligently and over-valued the property. The issue was whether loss accrued more than six years before writ, and if the defendants assertion was correct, whether TMC could take advantage of the three year extension afforded by the Limitation Act 1980 s14A. Judge held that the provisions of the Act meant that the claimant's writ had been issued within time, the defendant appealded. 'Held' appeal dismissed.
590			_aABS
650			_aMORTGAGE LENDERS
650			_aARREARS
650			_aValuation _96273
650			_aMORTGAGE CORPORATION V LAMBERT AND CO (A FIRM) (2) THOMAS ALAN STANBURY
650			_aLIMITATION
650			_aLIMITATION ACT 1980 S14A
650			_aEXTENSION OF TIME
650			_aOVER VALUATION
690			_aRATING AND LOCAL TAXATION-CASE LAW
942			_n0
999			_c64298 _d64298