What You Need To Know About Timeshare Claims in 2023/24
posted 26th September 2023
Do you feel that you may have been mis-sold your timeshare contract? If so, it's important to be realistic about your chances of success. After all, what's the point in winning a timeshare claim in principle and not actually receiving any compensation?
The most unsuccessful and risky timeshare claim to make is through the Spanish Courts. Thousands of British timeshare owners have lost millions of pounds in upfront fees in Spanish timeshare claims fraud. And the vast majority of the successful few have never received any money!
Your best chance of success when making a timeshare claim is submitting a Section 140A claim against the finance company that provided the funding for your purchase. Under the 1974 Consumer Credit Act, lenders are responsible for compensation payments if the product or service they funded was mis-sold or the company is liquidated, and the services sold are unobtainable.
Our clients receive thousands of pounds in compensation, have their finances written off, and have their timeshare and maintenance fees cancelled. We supply this complete package without the payment of any upfront fees. Thus, we only take on claims with the best chance of success.
Due to the decision by the Financial Ombudsman Service (FOS) and the High Court in London, our most successful and asked for service is claims against Club La Costa and Diamond Resorts. The final decision made by the authorities deemed that the Fractional membership was mis-sold as an investment. So, if Club La Costa or Diamond Resorts told you that you were investing in a property that would later be resold, you could qualify for compensation under the recent determination.
The banks below were responsible for providing funding for mis-sold timeshare investments. Therefore, they are the ones currently refunding and compensating our claims clients.
- Barclays Partner Finance
- Hitachi Personal Finance
- Novuna
- Shawbrook Bank
- Honeycomb Finance
- First Holiday Finance
- Vacation Finance
If you think you have been mis-sold your timeshare and would like to make a risk-free claim without the payment of any upfront fees, get in touch. We will provide all the necessary checks and let you know if you qualify, how much you stand to receive and your chances of success.
