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Club La Costa Yacht Club Claims and Complaints

posted 26th June 2023

Posted 2 years ago

By National Timeshare Helpline

Blog

Fractional Property Owners Club Owners Compensation Claims

Club La Costa Yacht Club is a trading name of CLC Yacht Club Limited and only owners of the CLC Fractional Property Owners Club (FPOC) who owned sufficient annual Point Rights greater than 2500 points rights were able to access this facility.

However, due to the mis-selling of the Fractional Property Owners Club membership, members can now claim back all of their money.

A quick glance at the promotional material provided by Club La Costa provides a key insight into the downfall of one of the biggest timeshare companies in Europe.

Club La Costa Yacht Club Claims and Complaints

Their sales material said:

Club La Costa Fractional Property Owners Club gives you:

  • A fixed term of fractional ownership with a share of net proceeds when the asset is sold.

Club La Costa illegally sold their Fractional membership as an investment. As such, on the 5th of May 2023, Mrs Justice Collins Rice upheld our case, and now thousands of our Fractional Property Owners claimants will be receiving their money back, awarded compensation, and have their outstanding finance written off.

Club La Costa Yacht Club Claims and Complaints

Members of Club La Costa's Fractional Property Owners Club were guaranteed many benefits when they joined, most of which never came to fruition. With most members not even able to book a holiday without giving two years notice.

The high court decision has paved the way for CLC members to now claim with confidence. If you joined the Fractional Property Owners Club and took out a loan with any of the below Banks, we can get your money back without the payment of any upfront fees.

  • Barclays Partner Finance
  • Hitachi Personal Finance (Novuna)
  • Shawbrook Bank
  • Honeycomb Finance
  • First Holiday Finance

Fractional Property Owner Claims

What compensation will Successful CLC Fractional Property Owners Club members receive?

  • A full refund of all money paid to the finance company.
  • 8% compensation per year on the total capital.
  • Outstanding finance written off.
  • Membership fees refunded.
  • Membership and maintenance fees cancelled.

If you have any questions, or are interested in making a claim, get in touch with our team.

100% No Upfront Fee Claim, and you only pay us if we win.

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Breakdown of the CLC Court Ruling

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