We are pleased to inform you of this week's Spanish court victories. M1 Legal secured 4 positive awards with a total value of £48,430.
We had 1 substantive this week:
There was also another award against CLC World however for some strange reason the judge only declared null and void to the latest contract, this case will be appealed to present grounds for the previous contracts to be nulled also.
There was also a further appeal on a case against Diamond Resorts, which went in our favour also. The Court of Appeal has confirmed this judgement still stands.
Six cases valued at £103,384
This week, all six cases ruled in our favour were against Diamond Resorts that argued the cases should not be heard under Spanish jurisdiction, however the judge ruled they can.
In one of the cases, Diamond Resorts had requested that the jurisdiction should be discussed under EU regulations and ruled by the EU court. However, the judge based his decision in ruling upon the fact that the UK is no longer part of the EU so the case must be heard under Spanish jurisdiction.
In another similar case, Diamond resorts argued that the case should be heard in the EU court but the judge declined their request.
All six cases will now proceed to the next step.
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.”