What is the ratio in Cuckmere Brick v Mutual Finance?

A mortgagee exercising the power of sale owes a duty to the mortgagor to take reasonable care to obtain the true market value of the mortgaged property.

What did the court decide in Cuckmere Brick v Mutual Finance?

The Court of Appeal held that the mortgagee breached its duty of care by failing to advertise planning permission, and was liable for the resulting loss in sale price.

Why is Cuckmere Brick v Mutual Finance important for property law?

It established the key duty of care owed by mortgagees when selling, protecting mortgagors from negligent sales while balancing mortgagees' rights to recover their debt.

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