Many buy to let landlords buying a new property rely on the valuation carried out by the surveyor acting on behalf of the mortgage lender.
Until now they have been reasonably secure in doing so because the law accepted that these surveyors owed a duty of care to the purchaser. It meant that if the valuation [...]
The Court of Appeal has given Judgment in a case involving a Trade Association’s website. The site listed installers but without distinguishing full members from affiliate members. Full members were vetted by the Association and were covered by a bond and warranty scheme but affiliate members were not. The case highlights the need to give [...]
Who pays when actual costs exceed the estimates in the contract?
The wording of a contract has prevented a property developer from getting a full rebate on a project where some of the costs exceeded the estimates.
The company had bought a site which needed remediation work before it could be used. The purchase price was based [...]