posted 11th November 2023
It's important to understand that 99% of timeshare exit and claim companies will tell you, you qualify for compensation, even when you don't. These timeshare exit and claim companies are not regulated or qualified to carry out claims and are only interested in trying to convince you into paying upfront fees.
Past and present timeshare owners across the UK lose millions of pounds every year in timeshare claims fraud. This simple, easy-to-understand guide will show you how to make a risk-free timeshare claim without putting any more money at risk.
1. Financial Qualification.
The only way to guarantee a compensation payment into your bank account is if you make a successful claim against the finance company that funded your purchase. This means you will have needed to fund your timeshare purchase through a linked finance provider at the point of sale. The following Banks are involved with timeshare mis-selling cases.
- Barclays Partner Finance >Shawbrook Bank >Hitachi Personal Finance >Novuna >Tandem Finance >Honeycomb Finance >First Holiday Finance >Vacation Finance >Oplo Finance.
2. Were you mis-sold?
Everyone's experience is different. However, some common characteristics of timeshare mis-selling affect nearly everyone. Can you be related to any of the below facts?
- You were mis-sold your timeshare as a investment.
- The timeshare would be resold to make you a profit.
- Not allowed to leave until you signed up.
- Deal continuously reduced and changed until you gave in.
- Told you could cancel anytime
2. Were you mis-sold?
- Finance contract not fully explained.
- Told that upgrading was your only option.
- Told that the previous salesperson had mis-sold you.
- Rental income would cover the finance.
- Approved for finance when elderly or no income.
- Told that you didn't have time to think.
- Told to lie on your finance application.
- Your paperwork was unclear.
- Told that you were investing in property.
- The company that sold you has closed down.
- The company was unregulated to provide finance.
3. Submit your claim with us.
If you believe you were mis-sold, you probably were. In the case of Club La Costa Fractional and Diamond Resorts Fractional members, the Financial Ombudsman Service (FOS) and the High Court agree with you.
You can check with us for free if you qualify for a timeshare compensation claim against your finance provider by contacting us. Our team will assess your chances of success and advise you accordingly. There are no upfront fees; you only pay us if we win.
