Azure Timeshare owners will receive a full refund
Sarah Waddington Solicitors are delighted to announce, after much legal wrangling, that we have now succeeded in obtaining confirmation from Barclays Partner Finance (“BPF”) that they will refund all payments made by our clients in respect of their Timeshare purchases from Azure Resorts Limited (“ARL”).
For several months, we have been in correspondence with Barclays Partner Finance (BPF) and the Financial Conduct Authority (FCA) with regards to the legalities of the finance agreements provided by Barclays Partner Finance (BPF) to assist consumers in purchasing Timeshare products from Azure Resorts (ARL). Despite initially having our arguments rejected over that time, confirmation has now been received that Barclays Partner Finance (BPF) will refund all payments for Timeshare purchases made by our clients to Barclays Partner Finance (BPF).
Did Barclays Partner Finance (BPF) break the regulations?
Sarah Waddington was of the view that the role of the credit intermediary was not performed in line with regulations.
“We collated a significant amount of evidence to support our position and took expert advice from Counsel. Despite the complex arguments put forward by us, they were rebuffed by Barclays Partner Finance (BPF).”
Nevertheless, Barclays Partner Finance (BPF) have now accepted that Sarah Waddington’s legal argument was correct, and confirmation was recieved from Barclays Partner Finance (BPF) that they will “refund all payments and fees to customers “ Who put the right legal argument to them in their claim.
BPF went on to state as follows: –
“Following a thorough and detailed review of complaints related to the Azure timeshare book, various factors have come to light that indicate Azure did not consistently adhere to the standards we expect of our credit brokers when providing credit to BPF/CFSL customers.”
What next for Azure Owners?
This, though, is not the end of the matter. All consumers who purchased from Azure Resorts (ARL) using finance will not necessarily receive the compensation that our clients will. There is no guarantee that those individuals, who are not our clients, will receive any money whatsoever. As above, the arguments in relation to this issue are complex and have been developed by this firm over many months.
We want to ensure that as many individuals as possible benefit from the work that we have done. If you purchased a product from Azure, using finance, at any time, then please contact us urgently.
It does not matter if you have previously been told your claim was out of time, whether you have brought an action in a different country, whether you have instructed someone else, we may still be able to help you.
Please contact us today for a no obligation consultation.
We are happy to do this as a NO WIN NO FEE if you fit the criteria. This type of work can only be carried out by a regulated firm. Do not pay any up-front fees for this work to cold callers who are not solicitors no matter how convincing they seem.
Finally, remember any genuine timeshare solicitor will be extremely careful to manage a client’s expectations. They will be honest and realistic with what could possibly be achieved in regard to your individual case. If someone claiming to be a lawyer or solicitor has been in contact contacted, be sure to do your research and check if they are regulated by the SRA and if the individual is registered as a solicitor.