Mark Cannon QC
Surveyors & Valuers
Mark has acted for and against valuers in claims involving high-value residential property and commercial property following the falls in property prices in the late 1980s and after the collapse of Lehman brothers in 2008.
He has been involved in numerous cases involving residual valuations and is well versed in the arguments as to the margin of permissible error in relation to the components of such valuations as well as the overall figure. He appeared in the leading case of Merivale Moore v. Strutt & Parker  Lloyd's Rep PN 734. He is currently instructed in a number of high value claims against valuers in relation to development sites and commercial properties.
Arguments as to contributory negligence and failure to mitigate are frequently raised in such claims and Mark has extensive experience of issues as to allegedly negligent lending and failure to take steps to take possession of the mortgaged properties.
Mark appeared for lenders on an appeal as to whether syndication of a loan resulted in the claim for damages disappearing into a black hole: Helmsley Acceptances Ltd v. Lambert Smith Hampton Group Ltd  EWCA Civ 356 and has advising in cases involving sale/assignment of loans by way of warehousing and securitization.