X

Sign Up

or

By signing up I agree to Property Tribes Terms and Conditions


Already a PT member? Log In

Sign Up

Sign Up With Facebook, Twitter, or Google

or


By signing up, I agree to Property Tribes Terms and Conditions


Already a PT member? Log In

Log In

or


Don't have an account? Sign Up

Forgot Password

To reset your password just enter the email address you registered with and we'll send you a link to access a new password.


Already a PT member? Log In

Don't have an account? Sign Up

  • HMO & Multi-Lets

    Understanding Precise HMO lending criteria

    Can you define adverse costs? If you are claiming for breach of contract you can only claim liquidated damages i.e the actual financial loss you have suffered in this case the actual cost of the survey and the cost of taking out the claim.(if you are successful). I suspect you would have to show that you have a contract with Precise which states they will provide a Commercial Valuation and be able to prove that the actual valuation is less than a commercial valuation for that property.

    Other than claiming breach of contract I don't know on what other basis a claim could be made.

    0
    0

    you misunderstand the point of my post.

    I was replying to Derek Tsang who was suggesting its not worth suing due to risk of loosing and costs etc and I was asking if this could arise in small claims court...I believe it cant.

    btw:

    Adverse costs order. A court order requiring a party to court proceedings to pay the other party or parties costs in relation to court proceedings. Costs in relation to court proceedings may include fees, disbursements, expenses and remuneration.

    0
    0