Material Facts
- Material Facts are those facts which are important to those requiring them
- Insurers require candid disclosure of risks affecting premiums
- Mortgage lenders set interest rates partly based on risk. False information securing an offer not otherwise available is fraud
- Landlords induced to enter into an agreement in reliance on false information may, under ground 17 of the housing Act 1988, evict a tenant for such induction.
Published: 28 September 2015
Last Updated: 17 November 2021