In the recent case of Hubbard v Bank of Scotland both the first instance judge and the Appeal Court decided that the mortgage valuation surveyors Colley’s were not liable to the claimant Mrs Hubbard, due to the limitations of a Mortgage Valuation.
This is a reminder to all that a mortgage valuation is in no way a substitute for a building survey, which should be booked as early in the transaction as possible.
Anyone who thinks “I’ll see what the mortgage valuer says first” runs the risk that if the valuer says nothing or even if they are wrong, the buyer may have no recourse.
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In a recent case Hubbard v Bank of Scotland (trading as Colleys Surveyors)  the Court of Appeal upheld the decision that a building society or bank valuation is a very limited inspection.
During a valuation for the Bank Of Scotland, Colleys’ surveyor
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A Commercial Property Survey to Get Your Teeth Into
In 32 years as a Chartered Surveyor Steve Cornish thought he had seen it all. But whilst completing the building survey of a Grade II listed hotel last week for a commercial property client, look what he saw! “The teeth ...more...
Local Harrow Property Surveyors Enjoy Harrow on the Hill May Day Festival
Woodward Chartered Surveyors played host to hundreds of visitors on Sunday 4th May for the Harrow on the Hill May Day Festival.
Themed this year on Edwardian Harrow on the Hill, the community and visitors were treated to a fabulous toe tapping 30 piece brass band, Morris Dancers, all manner of kids entertainment including magician Michael Gee and a classic Punch and Judy show. Jonathan Edwards took .... more
Rickmansworth Chartered Surveyor Joins the Woodward Team
Hertfordshire based Chartered Surveyor Douglas Snell has joined the 7 Surveyor strong team at Woodward Chartered Surveyors. Doug will ... .more ...