Property cases

The High Court has dealt with a test case re valuers’ liability for residential mortgage valuations prepared in good market conditions In 2006/7, GMAC was the largest centralised mortgage lender in the UK and E.Surv was, and is, the largest residential surveyor. GMAC claim that E.Surv negligently and in breach of contract overvalued many properties they lent against and they have suffered substantial losses as a result. They have assigned all such claims to Webb Resolution..

Parties cannot expect the Court to release them from bad bargains.

The Court cannot re-write badly drafted Leases.

Property compromise agreements may be oral even though they have a disposing effect provided they do not have a disposing purpose.

Landlords will be fined if information is not given to tenants for residential deposits.

Local authority statutorily provided recreation grounds are unlikely to be town or village greens.

Care is required to preserve dilapidations rights on a lease surrender.

It can pay to overstay your welcome.

An owner is unlikely to be liable for accidental fire damage to adjoining property.

Planning permission for dwellings may not include holiday lettings.