
posted 1st May 2024
As many CLC World members will know, Club La Costa was found guilty of illegally selling timeshare as an investment, a clear violation of UK and European law. In 2021, the Financial Ombudsman Service (FOS) in the UK upheld several complaints, a decision that was subsequently confirmed by the UK's High Court in 2023.
Thousands of Club La Costa Fractional Points Members were misled and falsely informed that they were investing in 'bricks and mortar' and a percentage of a property that would be resold to generate a profit and provide them with a lump sum return.

These final decisions have led to many of our clients already being paid their compensation by the Banks that funded their purchase. If you still need to apply to receive your compensation, get in touch; we can facilitate this without the payment of any upfront fees.
The Club La Costa Fractional Ownership scam is the biggest timeshare fraud in history and represents over 500 million pounds owed to victims. The banks responsible for paying this compensation are as follows: >Shawbrook Bank >Barclays Partner Finance >Hitachi Finance (Novuna) >Honeycomb Finance >Oplo Finance >Tandem Finance >First Holiday Finance.

Consumer Credit Laws in the UK protect victims that are mis-sold a product which is paid for on finance. As such, due to the CLC World Fractional Membership being mis-sold as an investment, the bank that funded your purchase is responsible for compensating you. A typical compensation payment is set out below.
- Full Refund
- Compensation of 8% Per Year
- Outstanding Finance Cancelled
- Membership and Fees Cancelled

If you feel like you were mis-sold your Club La Costa Fractional Membership, you probably were. To check if you are eligible to claim, get in touch. Our advice and guidance are free, and there are no upfront fees to pay us if you wish to make a claim.
There are many more articles in the BLOG Section of our website where you can learn more about Club La Costa Claims. To get in touch simply fill out a contact form on our website or give us a call.
