Was my Surveyor Negligent? Do I have the basis for a claim?
To establish a claim for Professional Negligence against your Surveyor there are a number of determining factors
all of which we will cover with you
in our free, no obligation ph...
To establish a claim for Professional Negligence against your Surveyor there are a number of determining factors
all of which we will cover with you
in our free, no obligation ph...
Make an enquiry by pressing "GO" and completing the enquiry form.
Alternatively....
Alternatively....
Tel: 0161 212 1586
Email: info@turnernicklin.com
Email: info@turnernicklin.com
As a Buy to Let Investor when your property was valued for the purpose of arranging your mortgage, the surveyor who did so owed you the investor a third party duty of care to ensure that your property was fairly valued using appropriate comparables.
In assessing your claim we will seek to establish if the service that you received from the Surveyor was below that expected from a reasonably competent professional and demonstrate both negligence and that as a result you have suffered a financial loss.
To establish negligence we use the ruling of K/S Lincoln and Others v CB Richard Ellis, in which it was determined that a valuer could make errors in the valuation process as long as the final value was within the permitted 10% margin of error.
Using our expertise we will look to establish a valuation variance of at least 15% for the highest chance of success. We will look at other determining factors and then advise you of our assessment of your claim.
Please be assured that our goal is to establish whether you have the basis for a claim for Professional Negligence and to make a claim for costs that are attributable to your reliance on the professional's advice.
Losses due to falls in the market unfortunately are unrecoverable. Surveyors cannot be held for the drop in the market, they did not have a crystal ball, they could not predict the future and it was not their job to do so. It was their job to follow the R.I.C.S Red Book guidelines and discharge their duty to you in providing a competent valuation using appropriate comparables.
You will need to provide evidence to support your claim, such as a copy of the original valuation. Do not be concerned if you do not have a copy we can advise you exactly how to obtain this along with all the additional supporting information that you will be required to provide.
Professional negligence claims can take time, start yours now by contacting us now for a free, no obligation assessment.
In assessing your claim we will seek to establish if the service that you received from the Surveyor was below that expected from a reasonably competent professional and demonstrate both negligence and that as a result you have suffered a financial loss.
To establish negligence we use the ruling of K/S Lincoln and Others v CB Richard Ellis, in which it was determined that a valuer could make errors in the valuation process as long as the final value was within the permitted 10% margin of error.
Using our expertise we will look to establish a valuation variance of at least 15% for the highest chance of success. We will look at other determining factors and then advise you of our assessment of your claim.
Please be assured that our goal is to establish whether you have the basis for a claim for Professional Negligence and to make a claim for costs that are attributable to your reliance on the professional's advice.
Losses due to falls in the market unfortunately are unrecoverable. Surveyors cannot be held for the drop in the market, they did not have a crystal ball, they could not predict the future and it was not their job to do so. It was their job to follow the R.I.C.S Red Book guidelines and discharge their duty to you in providing a competent valuation using appropriate comparables.
You will need to provide evidence to support your claim, such as a copy of the original valuation. Do not be concerned if you do not have a copy we can advise you exactly how to obtain this along with all the additional supporting information that you will be required to provide.
Professional negligence claims can take time, start yours now by contacting us now for a free, no obligation assessment.
+44 (0)161 212 1586
Email: info@turnernicklin.com
Email: info@turnernicklin.com
© Turner Nicklin. All rights reserved. Contact Us | Our Services | Site Map | Privacy Policy | Terms & Conditions
