The Dreamvar nightmare

07 Jun 2017

The courts have been busy in relation to solicitors’ liability when property purchase monies have been stolen following identity fraud. A number of recent cases share similar facts but the outcomes have varied, causing real concern to conveyancers.

In each case buyers attempted to purchase properties from sellers who were not genuine. When they lost their purchase monies, receiving no Land Registry title in return, they claimed against their own professional advisers and also the seller’s solicitors.

This note reviews the most recent case, Dreamvar (UK) Limited v Mishcon de Reya and another [2016] EWHC 3316 (Ch).

Want to read on?

This article is part of our subscription-based access. Please pick one of the options below to continue.
Already registered? Login to access premium content

Single User

  • - 10 issues a year delivered to you
  • - Digital edition of the magazine
  • - Access to premium content
  • - Access to the SJ Archives
  • - Weekly email newsletter
  • - Access to the SJ community online
  • - Advanced search feature
  • - Online support
  • - Access to SJ app- coming soon!
  • - 6 special focuses per year
  • - Special offers on SJ and IICJ events

Corporate User

The Corporate IP Licence is tailored to your firm, making it the most cost effective way for the firm to access Solicitors Journal, and enables the firm to remain compliant with copyright and our Terms and Conditions. This gives you the ability to print and circulate articles within the firm.

To enquire about a Corporate IP Licence for your firm, please contact our Subscriptions Manager on george.miller@solicitorsjournal.com.