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Solicitors' liability limited to the difference between values with and without planning permission SAAMCO principles apply
  • Eversheds Sutherland (International) LLP
  • United Kingdom
  • September 19 2014

The recent case of Credit & Mercantile plc v Nabarro (a firm) 2014 EWCH 2819 (Ch) is a first instance decision in which the court applied the

One ombudsman, two ombudsmen, three ombudsmen, more?
  • RPC
  • United Kingdom
  • August 31 2011

In a world where the various ombudsmen are replacing the Courts for the resolution of consumer claims, what happens when two or more respondent firms are covered by the jurisdiction of different ombudsman schemes? For example, what if a mortgage borrower wants to claim against his conveyancing solicitor and his mortgage broker at the same time?

Lender claims: solicitor or valuer negligence
  • A&L Goodbody
  • Ireland, United Kingdom
  • November 15 2010

With the recession showing no signs of abating, and property prices remaining static, recent trends in the Northern Ireland Courts are now beginning to clearly show an influx of claims by financial institutions who are seeking to recoup lost value arising out of disastrous property transactions

Mortgage fraud leads to return of funds to lender
  • Gowling WLG
  • United Kingdom
  • October 31 2011

A lender is entitled to the return of its money where the solicitors it instructs complete a mortgage transaction with fraudsters in breach of the terms of its instructions

Lloyds TSB Bank Plc v Markandan & Uddin meaning of “completion”
  • Mills & Reeve LLP
  • United Kingdom
  • March 2 2012

Where the defendant firm of solicitors had caused, through no fraud of their own, mortgage monies paid to it to be paid out to fraudsters in breach of the terms of their instructions and authority, it had acted in breach of trust

Solicitors’ liability for breach of trust
  • Mills & Reeve LLP
  • United Kingdom
  • October 24 2011

Where the defendant firm of solicitors had paid away mortgage monies to the vendors’ purported solicitors who did not exist in breach of the Council of Mortgage Lenders’ (CML) Handbook, they were liable to the lender for breach of trust

Preview of 2017
  • Herbert Smith Freehills LLP
  • European Union, OECD, United Kingdom
  • January 10 2017

2017 will see major changes to the UK legal landscape, with Article 50 of the Treaty on European Union expected to be triggered by the end of March