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Governor & Co of the Bank of Ireland v Faithful & Gould Ltd & CBRE Ltd [2014] EWHC 2217 (TCC) - 10/07/14

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A firm of surveyors was not liable to a bank for a valuation of a property development as security for a loan after the bank lost money when the developer went into administration. The bank's loss had not been caused by the firm's overvaluation of the property's gross development value, and the bank had not relied on its valuation of the site's residual market value.

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