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Welcome to this month’s update by Lexis®PSL Property!
In this month’s update, we look at: (1) unjust enrichment of mortgagees; (2) individual enfranchisement; (3) solicitors’ liability for valuation; (4) valuer liability in the context of mortgage-backed securities; (5) liability for an incorrect local search result; and (6) interpretation of compensation provisions.
Read the transcript:
Download the November transcript here
Listen to the audio:
Watch the video (with supporting slides, mp4):
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Further reading (links require a subscription or can be accessed by users on a free trial):
Unjust enrichment of a mortgagee
- Bank of Cyprus UK v Menelaou [2015] UKSC 66
- Supreme Court awards subrogation as proprietary remedy
- UKSC—subrogation to an unpaid seller’s lien appropriate remedy for unjust enrichment (Bank of Cyprus v Menelaou)
Individual enfranchisement
- Jewelcraft Ltd v Pressland and another - [2015] All ER (D) 278 (Oct)
- News Analysis: Shop with flat above qualified for enfranchisement
Liability for valuation
- E.Surv Ltd v Goldsmith Williams Solicitors - [2015] All ER (D) 93 (Nov)
- News Analysis: Solicitors liable for negligent valuation, but saved on causation
- Titan Europe 2006-3 plc v Colliers International UK plc (in liquidation) - [2015] All ER (D) 37 (Nov)
- News Analysis: Paying over the odds—avoiding negligent property valuations
Local authority’s liability for incorrect local search results
- Chesterton Commercial (Oxon) Limited v Oxfordshire County Council
- News Analysis: Consequences of an incorrect local authority search result
Interpretation of compensation provisions
- Electricity North West Ltd v G Park Skelmersdale Ltd - [2015] All ER (D) 133 (Nov)
- News Analysis: Valuation triggers—be careful what you draft for
Source: LexisNexis Purpose Built
November 2015 Lexis®PSL Property Highlights
