High Court claims against estate agents and surveyors for profession negligence fell 65 per cent in 2014, City firm RPC research has found.
Lenders accounted for 86 per cent of all claims against property surveyors in 2014, with high-street banks Barclays, Santander, and RBS launching the bulk of actions against property firms and surveyors. The number of claims brought against property agents fell from 193 in 2013 to 67 in 2014
Alexandra Anderson, a partner at the firm, commented: 'Professional negligence claims against valuers surged during the recession as residential and commercial property prices plummeted and lenders sought to recoup some of th...
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