Professional Negligence in Property Matters

Professional negligence arises where a property professional provides advice or services that fall below an acceptable standard and causes financial loss, for example in a property transaction or development.

Claims are commonly brought against solicitors, surveyors, valuers and managing agents involved in  property-related work.

If you have suffered loss relating to a property transaction where you suspect that this was caused by mistaken advice from a professional or have made a decision based on incorrect advice or a failure to identify risks, it may be worth taking advice to assess liability and loss.

There has to be some type of mistake or failure that has caused you loss; general complaints about poor service do not amount to a professional negligence claim.

Yes.  Strict limitation periods apply, and these can be complex in property matters because the loss may not be apparent for a long time. Taking advice early is important to avoid losing the right to bring a claim.

No.  Many claims are resolved through early investigation, negotiation or alternative dispute resolution, without the need for court proceedings.  Professionals are almost always covered by indemnity insurance and so the matter can progress through the proper channels.