000 01527cam a2200289 4500
001 ABS6374
008 000000n2001 000 0 eng u
035 _a(Sirsi) u110795
100 _aHerbert-Smith, M.
245 _aWhat's the damage?
260 _c2001
490 _aSolicitors' Journal
_v145(3) 26 January 2001, 60(1)
520 _aConsiders the implications of "Howkins & Harrison v Tyler" (2000), where it was ruled that a claim from a firm of surveyors for a contribution from the defaulting borrowers fell outside the scope of the Civil Liability (Contribution) Act 1978 s1(1) as the 'damage' for which the settlement had been made concerned the surveyors' liability to the mortgage lender rather than the fact that the borrowers had defaulted. Consequently the building society gained a windfall whilst still being entitled able to recover the full outstanding balance from the borrower. Concludes that valuers should be less willing to reach a settlement and that those in a similar position should consider joining the lender in proceedings to make a subrogation claim.
590 _aABS
650 _aCIVIL LIABILITY (CONTRIBUTION) ACT 1978 S1
650 _aCONTRIBUTORY NEGLIGENCE
650 _aDAMAGES
650 _aHOWKINS & HARRISON (A FIRM) V TYLER AND ANOTHER
650 _aNEGLIGENCE
650 _aNEGLIGENT VALUATIONS
650 _aSETTLEMENTS
650 _aValuation
_96273
650 _aSURVEYORS
650 _aVALUERS
690 _aPROFESSIONAL PRACTICE-NEGLIGENCE
942 _n0
999 _c66047
_d66047