Kerry Underwood

CONVEYANCING – SOLICITOR NOT LIABLE TO LENDER IF NOT ACTING

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In Steel and Another v NRAM Ltd [2018] UKSC 13

 

the Supreme Court unanimously held that a solicitor who innocently gave false information to a lender, for whom she was not acting, was not liable in negligent misrepresentation.

 

This is regarded as an important case, limiting the scope of liability of those firms of solicitors doing conveyancing work.

 

The solicitor had not assumed responsibility to the lender for the accuracy of her statements and it was not reasonable for the lender to rely on those statements and it should have made its own enquiries and the solicitor could not have foreseen that the lender would so rely on her statements.

 

It was irrelevant that the lender was acting in person.

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Written by kerryunderwood

April 12, 2018 at 8:18 am

Posted in Uncategorized

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