Mis-Sold Timeshares

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Mis-Sold Timeshares

In recent UK timeshare legal decisions, significant rulings have favored consumers against financial institutions and timeshare companies over mis-sold timeshare agreements:

CLC Fractional Membership Case

**CLC Fractional Membership Case**: In May 2023, a landmark legal case resulted in Mrs. Justice Collins Rice upholding a decision by the Financial Ombudsman Service, which found that CLC Fractional membership was illegally sold as an investment. The ruling ordered Barclays Partner Finance, Hitachi Personal Finance (Novuna), Shawbrook Bank, Honeycomb Finance (Oplo), Link Financial, and First Holiday Finance to award compensation to all qualifying Club La Costa Fractional Owners Club members. This decision highlighted a broader issue within the timeshare industry, where companies continued mis-selling to victims despite previous claims and legal actions. The National Timeshare Helpline provides further details on this case and offers advice on how affected consumers can seek compensation [oai_citation:1,May 2023: CLC Loses Landmark Legal Case](https://www.national-timeshare-helpline.org.uk/blog/may-2023-clc-loses-landmark-legal-case).

Banks Repayment Order

**Banks Repayment Order**: A related judicial ruling has required banks, including Barclays and Clydesdale, which financed these mis-sold timeshare investments, to fully repay the borrowers. This decision followed a challenge against an earlier Financial Ombudsman Service ruling, which has now been upheld. The banks are estimated to be liable for approximately £100 million in repayments to investors who have lodged complaints. This ruling is significant for victims of “fractional ownership” timeshare schemes sold on the basis of being investments, which violated consumer protection rules. Praetorian Legal, representing many victims, has emphasized the importance of affected consumers coming forward to claim what is rightfully theirs, highlighting a potential “forgotten generation” of timeshare victims eligible for life-changing sums [oai_citation:2,Praetorian Legal: Landmark Court Verdict Opens Door for a “Forgotten Generation” of Timeshare Victims to Recover Life-changing Sums – The London Business Journal](https://londonbusinessjournal.co.uk/2023/05/30/praetorian-legal-landmark-court-verdict-opens-door-for-a-forgotten-generation-of-timeshare-victims-to-recover-life-changing-sums/).

These rulings mark critical advancements in the protection of timeshare consumers in the UK, particularly against the backdrop of mis-sold timeshare agreements and the financial burdens placed on buyers. Victims who have been mis-sold timeshare agreements are encouraged to come forward and seek compensation, especially if they were financed through loans from the implicated financial institutions. These decisions underscore the legal responsibilities of both timeshare companies and financial lenders in the mis-selling of timeshare products.

Please complete the following form to make your claim for reimbursement:

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Client Details

What is your full name? Client 1 *

What is your full name? Client 2

Current address *

Address

City

State / Province

ZIP / Postal code

Email address

Phone Number

Do you qualify for Timeshare compensation ?

If you purchased at Timeshare with any of the following companies and used a credit card or finance facility to fund your purchase, we can help you recover your money and get any outstanding loans written off. Even if you have paid off your finance , you may still qualify for a claim. And in some cases , we can claim back as far as 2006!

Please select ? *

Total Cost of Timeshare(s)

Payment Details

Please Select All Payment Method(s) Used for Purchase(s) *

Was a Deposit Taken on the Date of Purchase ? *

Timeshare Resort Details

Full Name of Timeshare Resort/ Club *

Address

Current address *

City

State / Province

ZIP / Postal code

Country

Apartment Size

Weeks Owned/ Or if floating state floating

Date Purchased/ or Approx Date

Do any of these apply to you ?

Has the Timeshare company gone into liquidation ? *

Did the Timeshare Company say you needed to upgrade in order to be able to resell ? *

Were you told that your Timeshare purchase would be self-funding ? *

Were you provided with a Finance Agreement at the point of sale? *

Were you sold Finance to purchase your Timeshare without viable credit checks or qualifications ? *

Has the Timeshare contract you purchased been ruled against by the Financial Ombudsman Service (FOS) ? *

Did the Timeshare seller break the 2008 mis-selling regulations ? *

Were you made aware of the 14-day cooling-off period ? *

Has the Timeshare company or one of its paid representatives influenced you into signing a Waiver preventing you from making a claim ? *

How did the Timeshare seller break the 2008 mis-selling regulations ? *

Documents

Do you have your Original Timeshare(s) Purchase Agreement *

Do you have your Original Timeshare Finance Agreement(s)

Do you have any other Documents to Support your Claim *

Signature Client 1 *

Signature Client 2

Date *

Date

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Consumer Reclaim is a trading style of Consumer Reclaim Limited Registered office 207 Knutsford Road, Warrington, Cheshire WA4 2QLRegistered in England & Wales No. 07223077.