Did you purchase a Diamond Resorts Fractional Ownership? If so, we can claim back your money if you took out a loan with Barclays Partner Finance, Shawbrook Bank or Hitachi Personal Finance.
The judicial review hearing presided over by Mrs. Justice Collins Rice, commenced on March 16, 2023, and lasted for three days. Counsels representing the banks and the FOS presented their arguments skillfully, supported by a substantial volume of documents, including Skeleton Arguments and relevant case authorities.
On May 5, 2023, Mrs Justice Collins Rice delivered her judgment, dismissing the claims for judicial review and thereby upholding the FOS's findings in the Test Cases.
The High Court judge determined that the Ombudsman did not make any legal errors in interpreting the relevant regulations, including the prohibition of selling timeshares as investments. Additionally, the judge found that the Ombudsman's application of the Consumer Credit Act and their assessment of an unfair relationship, based on the features of the fractional products and their sales practices, were legally sound.
How much will you receive if you win your claim?
- A full refund of all monies paid
- Compensation of 8% per year
- Maintenance fee refund
How much time do I have to make my claim?
- The statute of limitations is 6 years. As such you have 6 years from when the membership was taken out or from when the finance was paid off.
Do we charge any upfront fees?
- No. We are authorised and regulated by the FCA.
- You only pay us if we win.
