Our case against Anfi was heard in San Bartolomé Tirajana 5 Court. This was a great victory, as the judge declared nullity of the timeshare contract as well as the financial loan (including interests). Anfi were ordered to reimburse the total value including interests from the date of the purchase, for this client that means 15 years of interests ADDED to the £12,616 awarded.
This week we had a further victory against Club La Costa Sucursal that took place in Fuengirola 5 Court. In this circumstance, the case was won on the basis of the contract lacking accommodation details such as what could be used by the owner and when. We are pleased to say that this client was totally awarded, a sum of £15,271.68, including the costs.
There were a further 4 jurisdiction cases against Club La Costa, contractual names of Club La Costa Sucursal en España and Club La Costa UK Sucursal in which we were successful.
We are pleased to inform you of the recent Spanish court victories. M1 Legal secured <...
Read moreDuring 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.”
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