Extending the valuer's duty of care The case of Scullion v Bank of Scotland plc (trading as Colleys) [electronic resource]
Language: English Publication details: London RICS 2010Subject(s): Online resources: Summary: "Emmet Thomas Scullion v Bank of Scotland trading as Colleys" [2010] EWHC 2253 (Ch) 2010 extends the valuer's duty of care established in "Smith v Bush" HL 1990 to borrowers in a commercial situation. Prior to "Scullion", the duty of care principle applied to borrowers seeking a loan for the purpose of purchasing a modest home for residential purposes. "Scullion" extended the duty of care principle to a property purchased as a low-value buy to let investment based on the valuer's assessment of the rental yield. (See L152179 to view full transcript)| Item type | Current library | Call number | Copy number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 152178-2001 |
"Emmet Thomas Scullion v Bank of Scotland trading as Colleys" [2010] EWHC 2253 (Ch) 2010 extends the valuer's duty of care established in "Smith v Bush" HL 1990 to borrowers in a commercial situation. Prior to "Scullion", the duty of care principle applied to borrowers seeking a loan for the purpose of purchasing a modest home for residential purposes. "Scullion" extended the duty of care principle to a property purchased as a low-value buy to let investment based on the valuer's assessment of the rental yield. (See L152179 to view full transcript)