Our legal associates, Spanish law firm M1 Legal are producing some amazing results right now and are becoming the new “heroes” against the timeshare resorts, last week alone they reported 5 victories totaling £95,918.18.
To date for 2019, M1 have secured 27 victories whereby timeshare resorts have been ordered to pay funds totalling £499,636.82 On top of that 15 victories have been secured on jurisdiction – in all 15 cases, the defence argued that the case should not be heard in Spain claiming that the contract fell under English law, this was overruled and have now been re-submitted.
On top of that M1 currently have:
Adriana is qualified to practice law both in Bulgaria and in Spain. She was the force behind the M1 brand when they applied to be regulated with the Ministry of Justice (MOJ) which was no easy task. She also recently collaborated with the reporter from The Times to assist with his article which was published on the 21st February 2019. You can preview or read the article here if you are a subscriber https://m1legal.news/thetimes. She has been practising law since 2004 specialising in International law and is also experienced in claims against banks and financial institutions in the UK.
The head office is located in Mijas Costa, southern Spain and we would love everyone to visit the M1 hub. However, in reality we know that this is often difficult for people to arrange so we have satellite offices across the UK for convenience.
STIRLING > NEWCASTLE > MANCHESTER > PETERBOROUGH > DARTFORD > SLOUGH > BRISTOL > EXETER
Last week News Editor Laurence Dollimore (3rd from the left) from The Olive Press (Spanish publication) came to visit the M1 hub to get a behind the scenes insight and a tour around with an opportunity to meet some of the M1 team and ask about their work.
You can read the full page article by clicking on this link then go to page 13: https://m1legal.news/olive-visit
COMING UP: €20,684 for UK couple
In a few weeks we have another happy couple coming to visit us who have given M1 permission to use their story. They have received the sum of €20,684.02 - this will be featured in our next newsletter.
If you are unhappy and feel let down with your timeshare purchase, contact our advice line today!
During the Timeshare sales boom of the 80s & 90s, potential buyers were lured in by the promise of affordable exotic holidays, flexible exchange programmes and the impression that Timeshare would be a valuable "investment".
In an industry with little or no regulation, high pressure sales tactics were rife and contract smallprint was often glossed over and explained away by sharp salespeople.
Many Timeshare buyers were therefore unaware that they were actually making significant, long term financial commitments on behalf of themselves and their families.
To find out how you can escape the Timeshare Trap please complete the short Timeshare Release Wizard now.
For many Timeshare owners, annual maintenance fees were barely considered token amounts in the early "honeymoon period" of ownership.
However, year-on-year increases imposed by the resorts over time now mean that the maintenance fees have risen to become substantial sums.
Owners are also facing the prospect of ongoing yearly fee increases and realising that they (and their families) are often committed to long term contracts for generations to come.
Please try our Future Fees Calculator to estimate your liabilities over the term of your Timeshare contract, based on an annual increase of 7.5%.
If you're concerned about rising fees and how to escape the Timeshare Trap, please contact us today.
Recent comments from RCI Timeshare owners who have come to us for help with contract cancellation:
“We 'swapped ‘another place in Tenerife for this in order to move to the points system. Since then, getting exchanges to desirable resorts proves almost impossible, irrespective of in-season or off-season.”
“I purchased my timeshare in 1999 and have been a timeshare member ever since. More often than not, I have not be able to go where I wanted and have ended up giving a few weeks to Friends, etc to book somewhere they wanted in order not to lose the weeks. I have then stayed in a hotel!! I am desperately trying to get rid of the timeshare and am now paying Timeshare Shop in Manchester to get rid of it for me.”