Borrower’s informed consent necessary
Hurstanger Ltd. v. Wilson and Another
Court of Appeal
“Before Lord Justice Waller, Lord Justice Tuckey and Lord Justice Jacob Judgment April 4, 2007 Where a lender knew that a broker acted on behalf of a borrower and agreed to pay the broker commission, the borrower had to give informed consent.”
The Times, 11th May 2007
Source: www.timesonline.co.uk
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