
posted 23rd November 2023
Did Shawbrook Bank provide you with finance to purchase a Fractional Timeshare Membership at Club La Costa or Diamond Resorts? If so, you need to claim your compensation with us. We have been submitting Shawbrook Timeshare Claims for the past ten years due to the vast volume of mis-selling complaints we receive about them. CLC and Diamond were illegally selling timeshares as an investment, and Shawbrook Bank provided victims with loans for these illegally sold timeshares. As such, the Financial Ombudsman Service (FOS) and the High Court issued final decisions which stated that qualifying victims could claim their money back from Shawbrook Bank.
Shawbrook Bank took a considerable risk by providing loans for timeshare products, which hasn't gone well! Shawbrook Bank now owes victims well over 30 million pounds. On top of this, they will also have to pay statutory compensation of 8% per year and write off millions of pounds in timeshare finance, a huge financial and reputational loss for Shawbrook Bank.
Shawbrook Bank provided high-interest rate timeshare loans over 180 months for Fractional timeshares. These high-interest rate loans meant that victims were paying back at least double what they borrowed for worthless timeshares at Club La Costa and Diamond Resorts. Victims were told they were investing in property that would increase in value and be resold to return a profit. Selling a timeshare as an investment is illegal.

If you have a timeshare loan complaint about Shawbrook Bank, contact us. We do not charge any upfront fees for you to make a claim, so you only pay us if we win. Below are links to other helpful information on our website about Shawbrook Timeshare claims.
How to Cancel your Shawbrook Club La Costa Loan
Club La Costa-In Debt with Shawbrook Bank?
