Last week the legal team were successful in a case against Explotacion Hotelera, Royal Park Albatros, that was heard in the High Court of Tenerife. The outcome was £19,353 in monies awarded as well as costs being awarded.
In our most recent case against Club la Costa, the Court of Appeal turned down the jurisprudence point, as Club La Costa claimed this procedure belongs to the English Courts. This is not true, under the relevant Spanish and European Laws, which give you a higher protection due to the status of the consumer. Secondly, Paradise Trading was confirmed as the vendor (they had claimed they were not entitled as “they were not part of the contract”). CLC also argued that the contract had 19 years duration (and not perpetuity) but actually this term is conditioned upon the sale of allocated property. Finally, the lack of determination of the object of the contract was also confirmed. We obtained £11,056 in monies awarded to out client on this occasion.
A favourable judgement against Leisure Dimensions & Albatros Ventas got one of our clients £4,395 in monies awarded. Furthermore, our legal team had 3 jurisdiction victories against Club la Costa Sucursal.
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.”