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Interest-Only Mortgage

Article contributed by Nigel Clayton, Kings Chambers   Misselling – claim for damages for professional negligence – requirements  Taylor v Legal and General Partnership Services Ltd  Bailii link:  [2022] EWHC 2475 (Ch)    Summary  The High Court comprehensively dismissed a claim for damages for professional negligence against a mortgage broker in connection with a recommendation to take an interest-only mortgage.    Facts  T, investors, sued L, a firm of mortgage brokers, for damages for professional negligence for losses they incurred…

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