Timeshare claims and the Spanish Court. What’s the reality?
We are receiving more and more communications from timeshare owners asking about claims made by nonregulated companies,who are advertising big financial wins in the Spanish courts. Sarah Waddington: Solicitor and Timeshare Specialist takes a closer look at what they are advertising.
What are they claiming?
“We’ve won €1,000’s of pounds in compensation via the Spanish courts for Timeshare owners”
We have searched everywhere and cannot find anyone who has had the money paid into their bank. So, we are inviting anyone who can prove they have had money paid into their banks, from a judgment obtained against a timeshare company, to contact us
“We can still get thousands of pounds back for CLC members even though CLC are bankrupt”
This is untrue. Again, we ask anyone out there to contact us with proof they have had money paid in their bank, from a judgment obtained against a timeshare company.
“We will pay 50% of your legal costs”
Some unregulated companies are taking up to £15,000 from timeshare owners, claiming they will pay 50% of the costs. This is a ridiculous amount of work. Based on those figures, with £7,500 costs per client and if they did 10 sales a month, that is an investment of £750,000 a month or £9 million per year. A cursory check with Companies House shows that these companies don’t turnover that much.
Paying a Revolut account for Timeshare services rather than a normal business account.
Some unregulated companies are using Revolut banking to take payments. Ask yourself: have the banks finally taken notice of all the complaints and are withdrawing their banking facilities? Why else they would non-regulated companies do this? Why wont they let consumers pay by credit card, which offers protection if the service is not provided.
What should I do now?
If you have paid money out for services relating to timeshare and have yet to receive the service you have paid for, or you are still waiting for payment following a claim in Spain, please get in touch. We offer a free 30-minute consultation with trained and experienced timeshare specialist. DO NOT become their next victim. Contact us, you have nothing to lose.
Sarah Waddington Solicitors
Sarah Waddington Solicitors do NOT work with any 3rd parties and are not working in partnership with any other companies. If you are told otherwise, please get as much detail as you can and forward it on to us. We will deal with it appropriately.
If you want any assistance please feel free to get in touch with us on 01924 601 097, or request a call back
Finally, remember any genuine 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, be sure to do your research and check if they are regulated by the SRA and if the individual is registered as a solicitor.