Were You Mis-Sold RCI Timeshare?
Courts Rule on Timeshare Mis-selling – Full Refunds Awarded to Owners
Did you purchase or upgrade Timeshare with RCI in 1999 or later?
Does Your RCI Timeshare Contract run for 50+ Years or “in perpetuity”?
Did RCI take a deposit or arrange finance within the cooling-off period?
Have you ever missed out due to poor availability of RCI Exchanges?
Were you Mis-Sold RCI Timeshare?
Courts order refunds of up to €53,000
There are approximately 1.3m Timeshare scheme members in Europe, 600,000 whom are UK residents, and as many as 70% have had dealings with RCI – and we have in recent months seen a sharp increase in the number of disillusioned RCI Timeshare customers contacting us for help & advice.
These customers commonly report concerns over ever-increasing fees (learn more), problems booking their preferred resorts/dates, constant pressure to “upgrade” their membership or to convert to even more expensive Fractional ownership, and a total lack of help/interest from RCI or their home resort when it comes to trying to get themselves out of their contract and long-term fee liabilities.
The good news is that, in 2015, the Spanish Supreme Court made ground-breaking judgments on Timeshare mis-selling, ordering that the timeshare contract was Null & Void and awarding that a full refund be paid back to the customer. Several laws had been broken, including selling a timeshare contract that ran for more than 50 years (or “in perpetuity”), using high pressure sales tactics and taking deposits and/or arranging finance for customers without observing the mandatory cooling-off period.
This landmark legal victory, and the wave of similar Court judgments against RCI, Club La Costa, Anfi and other Timeshare Resorts/Groups that have followed (including a record recent refund of €53,000) have set important legal precedents and have opened the floodgates for claims on the grounds that the Timeshare contracts were mis-sold and are not valid.
To find out your best options for getting out of your Timeshare contract and ongoing fee liabilities - and to see if you have grounds to claim compensation from RCI - please complete the Timeshare Release Wizard form now.
Timeshare Release is the UK & Europe's leading Timeshare disposal group and we've already helped thousands to solve their Timeshare problems. So, to find out your best options for getting out of your RCI Timeshare, saving fortunes in fees and potentially claiming money back, please call us 0203 7699 164 or 0203 519 0941 or complete the Timeshare Release Wizard now.
About Timeshare Release
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.
The Timeshare Trap
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.
Timeshare Owner Reports
Recent comments from RCI Timeshare owners who have come to us for help with contract cancellation:
Mr Steve R, Middlesex - RCI/Hollywood Mirage
“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.”
Mrs Rachael B, Yorkshire - RCI Europe
“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.”