The vast majority of all timeshare purchases were made by Brits whilst on holiday in Spain. These purchases were more often than not funded by way of a loan with a British bank, such as Barclays Partner Finance or Shawbrook Bank.
An independent third party, such as the FCA, have never regulated the timeshare industry. Consequently, misselling and illegal practices were a normal part of the day-to-day operations of most timeshare companies.
In general, the modus operandi of timeshare companies is to make as much money as possible, then close down, leaving consumers with worthless timeshare properties that provide a fraction of the supposed services they bought into.
It's fair to say that the banks that funded timeshare purchases had a closer eye on profits rather than the consumer's best interests. This oversight has led to thousands of timeshare members being able to claim their money back from the banks that provided the funding for their mis-sold timeshares.
If you purchased a timeshare in Spain and took out a finance agreement to fund your purchase, we can provide a no-upfront fee solution to help you reclaim your money.
The British finance agreement you signed was protected under the Consumer Credit Act of 1974; therefore, your purchase is covered by UK jurisdiction, so paying upfront fees to make a Spanish timeshare claim is unnecessary. Claiming compensation in Spain could severely damage your chances of resolving your financial issues and lead to your claim becoming time-barred.
Many of the clients we help have been provided the wrong information by claim companies that make their money from upfront fees rather than successful claims.
It's important to remember that, as with all scam companies, the story will always be different, but the ending will always be the same: you will asked to pay an upfront fee.
Claiming timeshare compensation with us is simple. There are no upfront fees; you only pay us if we win. This risk-free method ensures you get honest advice and stand the best possible chance of success.
If you are a past or present timeshare owner with any of the below companies, you could be entitled to compensation.
- Club La Costa >Diamond Resorts >Silverpoint >Club Paradiso > Resort Properties >ANFI Resorts >Heritage >Azure Resorts >Others
If you took out a loan with any of the below finance companies, we could take on your claim without paying any upfront fees.
- Barclays Partner Finance >Hitachi Personal Finance (Novuna) >Shawbrook Bank >First Holiday Finance >Vacation Finance >Honeycomb Finance >Others
What compensation can you expect to receive from a successful claim?
- Full refund of all money paid to the finance company
- Outstanding finance written off
- Compensation of 8% per year on the total capital paid
- Maintenance fee refund, also subject to 8%
- Timeshare membership cancelled
- Maintenance fee contract cancelled
