Cases - Coventry Building Society v William Martin & Partners

Record details

Name

Coventry Building Society v William Martin & Partners

Date

[1997]

Citation

2 EGLR 146

Legislation

• Housing Grants, Construction and Regeneration Act 1996
• Supply of Goods and Services Act 1982

Keywords

Negligence in valuations and surveys

Summary

In a case that involved a house valued at £325,000, the claimant lenders adopted a loan-to-value ratio of 75% on a 'self-certification' loan. This was held to be contributory negligence, and the appropriate share of responsibility was again assessed at 20%.