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Contract – Breach of contract. The claimant surveyors sought contribution, under the Civil Liability (Contribution) Act 1978, from the defendant solicitors in respect of money they had paid to a mortgage lending company in settlement of its claim for damages for negligent over-valuation of a property. The Chancery Division, in allowing the surveyors claim, held that the solicitors had breached their duty to report a discrepancy between the purchase price of the property and the valuation provided by the claimant to the lender. On the facts, there would be equal apportionment of responsibility.
Contract – Breach of contract. The claimant surveyors sought contribution, under the Civil Liability (Contribution) Act 1978, from the defendant solicitors in respect of money they had paid to a mortgage lending company in settlement of its claim for damages for negligent over-valuation of a property. The Chancery Division, in allowing the surveyors claim, held that the solicitors had breached their duty to report a discrepancy between the purchase price of the property and the valuation provided by the claimant to the lender. On the facts, there would be equal apportionment of responsibility.
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