We are pleased to inform you of last weeks Spanish court victories.
Our legal team secured 6 results from substantive cases, total awarded £156,857.
Two of these cases were against Diamond Resorts, in both cases, the nullity of the contract was determined by the lack of information regarding the contract period. We get the costs in both instances, £16,005 awarded in one case and £11,474 awarded in the other.
Two more of the victories were against Club la Costa. The first one being against CLC Continental Resorts. In this fantastic victory, the judge ruled that CLC have 30 days to pay off the loan which was taken out through Shawbrook when the client initially purchased. CLC must pay the loan in full along with interest paid by the client - £87,968 awarded.
The second case was against CLC Sucursal, in this one the nullity of the contract was determined by the lack of information regarding the property and when they could use it plus the contract period. Another positive decision on this case is that the interest must be paid since the date the client purchased the timeshare, normally it is from the date of the claim. We get the costs £19,908 awarded.
There was also a case against Tasolan (Palm Oasis). The court of appeal (Malaga) has confirmed in full our victory in the first court of instance, due to the contract stating a period length of over 50 years. All of Tasolan's allegations have been denied, we receive costs too. - £10,521 awarded.
The last substantive case of the week to report on was against Anfi Sales & Anfi Resorts. The nullity of the contract was determined by the lack of information (period), we get the costs. - £10,980 awarded.
10 Jurisdiction positive results valued at £168,492.
10 jurisdiction victories this week were all Club la Costa. The defence argued that the cases should not be heard in Spain however, the judge overruled they can, 5 cases were appeals on the last jurisdiction hearing and we won these too.
All jurisdiction cases will proceed in due course.
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.”