posted 2nd June 2024
In a blatant attempt to steal people's money, several high-profile timeshare exit and claims companies are lying to their customers in order to fraudulently lead them to believe that they are owed timeshare compensation.
The companies involved, based in the UK and Spain, are not only seeking out claims without the necessary Financial Conduct Authority regulation, but they are also charging substantial upfront fees for timeshare claims that have no chance of success.
These slick marketing operations are deceiving thousands of Brits every year, carrying on reading to learn how.
Either directly or through a third party, victims will be booked into a telephone or Zoom presentation with a sales rep from a company based in the UK or Spain. The sales pattern, which can often seem like you're attending another timeshare presentation, will lead you to believe you are entitled to compensation for a mis-sold timeshare. They will usually tell you that your claim will be registered in the Spanish Courts or through a liquidator. You will be pressured into making a quick decision and asked to pay upfront fees based on what you have been told.
If you object to the cost, they will quickly reduce their fee, offer you a monthly payment plan, and increase their percentage split of the claim. This process of closing a deal is very similar to a timeshare sale. This is because most of the people working for these companies used to sell timeshares!
If you do not agree to go ahead, you will be hounded multiple times every day until they have worn you down and you have handed over your money. Does this sound familiar? If you have been through this process and handed over your money or are considering doing so, get in touch. We can claim back your money and show you how to make a regulated claim with no upfront fee.
If you have avoided this scam or want to make a genuine timeshare claim, we can help. We only accept eligible timeshare claims; we will tell you if you don't qualify or if there is no financial mechanism to claim your money back.
We are a Financial Conduct Authority (FCA) regulated company that earns money from winning claims. As such, you only pay us if we win, and we will only accept your claim if it has the potential for success and falls within the regulatory requirements.
