Timeshare Compensation Claims

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Let’s make something very clear,
If this was a popularity contest we would come last. We are detested by the finance companies , because we win your cases. We are hated by the banks and credit card providers because we get great results.

MAKING HOLIDAY OWNERSHIP & TIMESHARE CLAIMS EASY

Here at Timeshare Compensation Claims, we understand how difficult it can be to get your moneys worth with your timeshare. Holidays are meant to be relaxing and can often prove to be stressful especially when trying to claim back on your contract.

Call or send a quote today for free advice on your timeshare!

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What You Need To Know About Timeshare Claims

To know everything there is to know about timeshare claims, you need to be first and foremost aware of all the details about timeshares. 

A timeshare is a contract-based model of real estate, a vacation destination specifically, which is shared between the owners. This means that multiple owners share a property’s cost and hold the right to use the said property for a specific period, as assigned either by the company or decided amongst the owners. 

“A vacation is having nothing to do and all day to do it in.” (Robert Orben)

Certain companies let their timeshare clients buy varied annual time bookings; however, the standard time is a week per year.

What Will It Cost To Exit My Timeshare Contract?

It costs around £4000-£5000 to exit a timeshare on average, in terms of money. In terms of your time spent during the process, it could take about 12-18 months. However, both these costs are not absolute. They depend upon several factors including how many other timeshare contracts are attached to the one that you signed.

Do you have a Timeshare with any of the following companies?
We would like to hear from you, as you may have a valid claim.

tropical pool and views where clients needed a timeshare advice centre
Diamond/Hilton Grand Vacations
tropical pool and pool house where clients made successful timeshare claims
Worldwide
tropical hotel with fountain in the pool where many clients gave timeshare compensation reviews
Club La Costa/Wyndham Resorts
Club La Costa and Diamond Resorts Timeshares

‘Club La Costa’ and ‘Diamond Resorts’ have been known to provide their timeshare owners with ideal getaways, so they can relax and unwind with their families and friends. Club La Costa World is Europe’s largest independent resort operator. 

Use our FREE TIMESHARE CLAIMS CALCULATOR to see what you could get back today.

Timeshare Claims – Why You May Be Entitled To Compensation

Timeshare companies are legally secure; hence, you should do thorough research before filing a timeshare claim against one of them. Following are a few key factors about timeshare claims that will give you a better chance of winning a claim, after having filed one. 

The very first rule is to go over your timeshare contract paperwork line by line. If you are considering buying a timeshare, joining a holiday club, or reselling or exchanging your existing timeshare, you must find out what your rights are under the Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010 [1]

The easiest and fastest way to succeed at a timeshare claim is to cancel the contract within the recession period. However, most owners are likely to miss this period, as these contracts offer somewhere between 4 to 15 days as the recession period. If for any reason you have missed the recession period, you can still make a timeshare claim through more complicated means; thus, it’s not impossible. 

Timeshare Perpetuity Contracts

Timeshare perpetuity contracts have now been deemed illegal by Spanish Law. These contracts present a clear cut claim for timeshare compensation if there is no specific end date in your contract or if the date exceeds 50 years.

However, if you own a timeshare claim and are trying to get out of it, or if you are planning to sign one, you should consult with a legal professional and file for a timeshare claim. 

Companies often trick the timeshare customers. Most customers don’t know that the contract they are about to sign is in perpetuity. Through these contracts, the timeshare companies keep extracting money from the owners in multiple ways, including aged owners who cannot use their property and can’t go there on holiday. 

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Timeshare Floating Weeks

Since timeshare owners are unable to book a holiday at their timeshare, many timeshare floating week contracts are being labelled illegal. A timeshare floating week is a timeshare contract that offers owners various dates to choose from, to enjoy their property during those dates or weeks each year.

This creates a lot of confusion, as most timeshare owners complain of not getting their desired weeks. All this confusion then results in property owners being unable to enjoy their vacation at the owned resort; it is the same property for which they are required to pay the maintenance fee, regardless of any mishaps. 

Timeshare fails at its purpose of a pre-booked vacation by presenting the timeshare owners with an unpredictable holiday, using timeshare floating week’s contracts.

Timeshare Fixed Weeks

A fixed week timeshare contract lets you use the shared property for the same specific week each year. These contracts are generally deeded transactions. If you believe you have been mis-sold a fixed week timeshare contract in any way, you can file a claim.

black and white digital contract that a customer would sign for timeshare compensation claims
Right-to-Use Systems

The right-to-use contract system is a non-deeded transaction system in which the timeshare property owner is given a lease for their share of the property. In this contract, the developer maintains ownership and you are allowed access to the vacation resort or the property for a set amount of years – ranging between 20 and 99 years. 

If the company has wronged you in a right-to-use contract, you can contact the respective authorities to file a timeshare claim against the timeshare company

Timeshare Points

Points-based timeshare systems are sneaky and if you have one, you have a claim – it’s as simple as that. Most of these contracts are sold without mentioning the word ‘timeshare’ in the contract, which makes it a mis-sold timeshare contract. Not only do you have to make a huge amount of upfront payment, but you have to follow that with several other mandatory fees. 

Timeshare points refer to the points that you collect by purchasing, and these can later be exchanged or traded for making reservations at the timeshare properties. This is very similar to floating week’s contracts, in a way that you have to contest with the other owners for specific weeks, and there’s no guarantee that you will be able to get the property at your desired time.

Cooling-off Period

Timeshare companies have to offer you a cooling-off period. This means they are obliged to give you time to sit on your decision of buying a timeshare and think about it; the time is up to 14 days, minimum. 

However, if you weren’t offered a cooling-off period, or if you decide against a timeshare purchase, your contract becomes null and void, and the company has to hand you over any payments you’d made so far in the process. 

Mis-selling of Timeshare Contracts

If you believe that you have wrongfully been sold your timeshare, or if the company portrayed the deal other than what it actually was, you can file a mis-sold timeshare claim. Even if the timeshare company didn’t trick you via obvious means, i.e. perpetuity contracts or floating week’s contract, you still could have been mis-sold a timeshare. 

Court hammer and law book with information on making timeshare claims and compensation.

Legally Cancelling Timeshare Contracts - Mis-sold Timeshare Claims

Mis-selling of timeshare contracts is a legal offence and offers grounds to file a timeshare claim against the selling company. Not only a mis-sold timeshare contract makes you eligible for making a claim, but it’s also grounds for legally cancelling timeshare contracts.   

Seek Help from a Specialist Timeshare Solicitor

If you’re thinking of going up against a timeshare company, you must hire a specialist – a timeshare lawyer to help you in the procedures and speed up the timeshare contract termination process. According to Jeff Weir, ‘The value of a timeshare plummets the minute you buy it, and it depreciates faster than any car you’ve ever bought’, you’ll need an expert to get you out of such a dead-end contract.

two men shaking hands after successfully making timeshare claims

Timeshare Claims Advice

To get the best, genuine, and unbiased advice, strong legal action, successful timeshare claim, and close-to-original refunding, seek the help of our timeshare team here at Right To Claim. Our timeshare advice centre is completely independent of the timeshare companies that are known to fund the timeshare ‘industry bodies’.

Have You Bought A Timeshare In The Last 10 Years?

If you’ve bought a timeshare in the last 10 years, you must be completely familiar with timeshare’s various contracts, timeshare claims, compensation claims, and how these two work. 

However, if you have not bought one, but are planning to do so, read this article with utmost concentration. Resort suites, sunny beaches, and the relaxation they are said to bring sound too good to be true. Before you sign a timeshare contract, you must understand what you’re signing up for, and how to get out of it if the need presents, through timeshare claims.

Can You Reclaim The Full Cost Of Your Timeshare?

Yes, you can reclaim the full cost of your timeshare. However, full payment return is almost exclusively limited to new timeshare owners. New owners in certain countries/states are legally secured under laws that permit them to rescind their purchase for a full refund. If a new timeshare owner requests for contract cancellation, the company or the resort is obliged to refund the full cost to the client. Please contact us for further information.

Timeshare Claims News

Happy 2024,
 
I have to start with an apology, normally New Years communications are full of hope and goodwill however we have been notified by clients who have lost money in the past to Caroline Reid and International Clearance, that they are now being targeted by a new company on the horizon called UK Remittance Services.
Same story, they have all your details, a history of money you have paid in good faith,Uk phone number, but this time a link attached to the email with payment details utilising a merchant service provider called SumUp.
 
So if this is a genuine company, why do they not have a registered address, a UK registered phone number, more importantly a UK bank account????.
Please be warned, this is not a secure payment system, you could be paying anyone in the world and if you try to recover any monies paid in future (which you may be entitled) you will not get any money back, as it is not covered or protected under the UK banking rules and regulations and not FCA registered, so please be warned.
Just be aware these people prey on the vulnerable, they have no cheque, there are no taxes outstanding and if you do not pay you will not be fined.
Pre Christmas we even heard of an individual sending cash in good faith to an address in Luton, how desperate are these fraudsters? no matter how genuine they sound.
The authorities have been notified in this case as the person in question was threatened and terrified at the consequences if she didn’t comply with these wicked requests.
 
So if you haven’t received your money back from International Clearance, Caroline Reid or one of her posse please do let us know as we are dealing with the banking authorities with many of you but there are some that are weary of coming forward.
 
Last year we literally helped hundreds of ex timeshare owners get back money through legal claims and High Court rulings, hundreds of thousands of pounds have been paid back however some claims do take a little longer time as the banks and the Financial Ombudsmen are extremely bureaucratic checking everything to the finest detail so if you are waiting still please be patient as if we have taken you on, you will get money back.
 
Plus if you have been sent paperwork to sign by the Ombudsmen of the Financial Conducts Authority please do not sit on this as it will severely delay getting anything back.
 
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The Timeshare Compensation Claims Team
Timeshare compensation claims judge

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Timeshare Claims FAQs
Can you get your money back from a timeshare?

In almost all similar timeshare claim cases, it’s highly unlikely to get your money back from a timeshare company while trying to exit a claim. However, there are few ways to get a refund 

 

from the company, and the most effective is to make sure you cancel the contract within the recession period. It might take a lot of effort to make the refund possible. You may have to consistently make calls and write letters to the company while contacting the legal departments for their help. Here at Right To Claim, we understand the process and can successfully help you get timeshare compensation as we have done for many other clients previously.

What is Timeshare Reclaim?

Timeshare reclaims refers to the process of trying to reclaim your money while exiting a timeshare contract. Although a difficult task, we have made multiple successful claims for various customers over the last few years.

Can you really get out of a timeshare?

Yes, there are multiple ways to get out of a timeshare. 

Even if you have missed the chance of claiming it during the recession period, another trick is to take a timeshare deed-back. This is a low-cost, legal way to get out of a timeshare by giving the property back to the resort. 

The company then tries to auction off your property to other potential buyers. Look through your contract to see if there is an option for the deed-back in your paperwork. Contact us today for assistance in making your timeshare claim.

Yes, timeshare companies are allowed to take legal action if their clients are no longer serving their purposes, or are trying to get out of their contracts. Certain actions from a client’s end are solid grounds for legal action from the company. Just like timeshare owners can approach the 



Supreme Court to file against a company, so can the timeshare companies. These actions may include:

  • Foreclosure: Foreclosure is the process where the lender or the timeshare company takes legal action to gain possession of the property and sell it at an auction;
  • Civil Court Notice: The company will be forced to sue you through the civil court, and send you notices in the form of calls or letters if you are late on your timeshare payment;
  • Resort developers can also take a number of other legal as well as financial actions against their timeshare clients if they feel like the timeshare owners are trying to leave the company’s interest.
Are There Any Financial Benefits to Owning a Timeshare?

Timeshare contract owners find the drawbacks of these contracts a little too late, which is almost every timeshare company’s intention. Timeshare jurisprudence is extremely complicated with intricacies that keep changing constantly. This is one of the key reasons why timeshare owners find it difficult to file timeshare claims and even harder to win a court ruling in their favour, especially without getting professional legal assistance. You must be represented by a lawyer if you intend to file a claim.

Save Time With Us!

Seek the expert advice and timely assistance of timeshare solicitors at Right to Claim and let us help you eliminate the threat of any further losses. Contact us today for queries and advice.

“Timeshare companies are the last legal fraud.”

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