Problem: Professional negligence claim against lawyers for errors in freehold property purchase relating to restrictive covenants
Outcome: £75,000+ claim settled
How long did it take? Less than 6 months
Our professional negligence lawyers acted for a construction company that purchased the freehold of a property located in London. However, the conveyancing solicitors acting in the property purchase failed to properly alert our client and advise that there were restrictive covenants which significantly affected the freehold reversion value of the property.
It was clear from the disclosure obtained by our lawyers that the conveyancers were negligent, and knew so but failed to advise our client on this aspect of the claim.
We were instructed by the construction client and our lawyers successfully settled the claim during the pre-action phase as the insurer’s solicitors sensibly admitted liability early without court proceedings having to be issued by our client.
The claimant client also had insurance cover which meant that alongside recovering costs from the defendant in the underlying professional negligence claim, our client was also able to recover costs from its own insurer. This meant that overall, our client was able to recover 100% of its legal costs and did not have to pay for a successful professional negligence claim.
The claimant client left the following feedback for our lawyers:
“Very satisfied with the way that Karim and his team took hold of a messy conveyancing professional negligence claim, and progressed it all the way through to an amicable settlement in just over 6 months. Professional, courteous, knowledgeable, and also pragmatic with advice and strategy. I would not hesitate to recommend.”
If you have a professional negligence claim, please let us know. Please do not hesitate to call us for a Free Consultation 0207 459 4037 or alternatively complete our booking form below to schedule a consultation today. We look forward to assisting you.
