Club la Costa Claims
Due to the size of the Club La Costa membership base, it still remains the most complained about Timeshare company by our clients. In a recent landmark decision by the Financial Ombudsman Service (FOS), it was ruled that the Club La Costa Fractional property rights contract was mis-sold. This decision has opened the floodgates for consumers who wish to seek redress for mis-sold contracts.
Club La Costa World announced in January 2021 that it had been placed into liquidation. The bankruptcy administrator, Juan Carlos Robles, reported that the liquidation affected seven companies in Spain and one in the UK. In October 2021, it was reported that Wyndham had taken over twelve of Club La Costa resorts.
- Wyndham Trenython Manor Cornwall
- Wyndham Duchally Country Estate
- Wyndham Grand Residences Costa del Sol Mijas
- Ramada Residences by Wyndham Costa del Sol Fuengirola
- Ramada Hotels & Suites by Wyndham Costa del Sol Fuengirola
- Wyndham Residences Costa del Sol Mijas
- Wyndham Residences Tenerife Costa Adeje
- Ramada Residences by Wyndham Tenerife Costa Adeje
- Wyndham Residences Tenerife Golf del Sur
- Ramada Residences by Wyndham Saalfelden
- Wyndham Residences Kusadasi Golf & Spa
- Ramada Residences by Wyndham Milas Bozbük
Club La Costa still maintains that 'nothing has changed. 'And that timeshare and property rights are still active. Regardless of whether or not Club La Costa timeshares are still 'functioning.' This doesn't change the ruling by the Financial Ombudsman Service.
The COVID pandemic was conveniently blamed for the closure of Club La Costa, see here. However, as we all know, the strategic liquidation of Club La Costa was more to do with preserving their funds due to the loss of thousands of claims. Fortunately, for members that took out finance to purchase their timeshare with Club La Costa, this money is protected under the 1974 consumer credit act.
If you have purchased with Club La Costa and would like to claim, get in touch. We do not charge for our advice and will independently assess your claim viability.
Successful claims could have the following results.
- Full Refund
- An outstanding Loan written off.
- Combination of all three.
Club La Costa UK PLC filed for Administration in 2020. See companies' house records by clicking the below link.
Companies House Records
Initially, Club La Costa was made up of 28 different subsidiaries. These subsidiaries were predominantly sales, marketing and maintenance companies.
|European Resorts & Hotels SL||Dissolved||More Info|
|Marina Del Sol Management SL||Active||More Info|
|Rushbrook SL||Dissolved||More Info|
|California Beach Hotel SA||Dissolved||More Info|
|Paradise Trading SL||Dissolved||More Info|
|Mantenerife SL||Active||More Info|
|Picadilly Investments SA||Dissolved||More Info|
|Tenerife Resorts Management SL||Active||More Info|
|Sunbreaks SA||Active||More Info|
This complex company structure is widely used across the Timeshare Industry. For example, Azure Resorts in Malta used shell companies set up in the British Virgin to maximise tax benefits.
It is a fact that some Club La Costa members were sold their timeshare as an investment. This illegal activity has been rife across the Timeshare Industry for over 20 years. However, up until recently, companies such as Club La Costa, Diamond Resorts, Silverpoint and Azure Resorts have got away with it. Self-regulation , self-governance and third party propaganda are the main three reasons for this.
Unfortunately, despite informing Trading Standards in the UK of Club La Costa's activities , they haven't been interested. And in some cases, they have even fallen on the side of the timeshare industry! The timeshare industry pay for the services of third party companies to try and protect their reputation. This self governance has inflicted misery on thousands of timeshare owners . The weight of evidence and successful claims against the timeshare industry , has led to these companies becoming irrelevant and having their true colours exposed.
As many of our clients have now realised, the only way to successfully claim back what is rightfully yours from Club La Costa is through the Finance companies that provided the funding for the timeshare purchase at Club la Costa. If you purchased your Club La Costa membership using finance with Barclays Partner Finance, Shawbrook Bank, Hitachi Personal Finance or First Holiday Finance, you could be entitled to make a claim.
In many cases, Club La Costa members will still be paying for their finance. If this is the case, then get in touch. The only way to bring this to an end is to make a claim. Although there is no magic wand, we definitely have a route that could help. Our no upfront fee policy means that you are in safe hands. If you would like to cancel your Club La costa maintenance fees and make a claim, then get in touch. Please be advised that time limits apply when trying to make a claim, so the sooner you check your claim qualification with us, the better.