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Negligence and loans

Advance of further funds Causation Tiuta International Ltd v De Villiers Surveyors Ltd [2017] UKSC 77 Summary A mortgage valuer is only liable for the consequences of his negligent valuation. Where the same valuer had been negligent in respect of a second valuation (but not the first), in reliance upon which a lender advanced further funds which (a) discharged the first advance, and (b) provided new money, the valuer was only liable for the loss of the new money. Facts…

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