000 01424cab a22002175a 4500
001 L140939
008 071022e20071013xxk f w 000 0 eng d
035 _a(Sirsi) u140939
041 0 _aeng
100 1 _aEvans, Hugh
245 0 0 _aHonesty really is the best policy
260 _c2007
490 _aEstates Gazette
_v(0741) 13 October 2007, 195(1)
520 _aSuggests strongly that mortgage fraud is not limited to the legal profession but also affects valuers. Discusses the case of Nationwide Building Society v Dunlop Haywards Ltd [2007] EWHC 1374 (Comm); [2007] 07 PLSCS 181. Following a series of valuations carried out by a director of Dunlop Haywards (DH), Nationwide lodged an unusual claim for damages for deceit rather than conventional claim for negligence or breach of contract. As the defendant was under criminal investigation, Nationwide also applied for a rarely given summary judgement, thereby also pre-empting a defence of contributory negligence. Held: summary judgement justified. Damages said to be about £27m, but remains unconfirmed as the case was settled on the day judgement was to be handed down.
590 _aka
650 2 4 _aMORTGAGE FRAUD
650 2 4 _aNATIONWIDE BUILDING SOCIETY V DUNLOP HAYWARDS LTD
651 4 _aEngland and Wales
_y1543-
690 _aPROPERTY-RESIDENTIAL PROPERTY-RESIDENTIAL PROPERTY FINANCE AND INVESTMENT-MORTGAGING RESIDENTIAL PROPERTY
942 _n0
999 _c79379
_d79379