The Supreme Court has made four main rulings regarding timeshare membership which are good news for owners.
- Perpetuity contracts (over 50 years) entered into after the 5th of January 1999 have been declared unlawful.
- If timeshare owners paid an advance payment, or deposit during the 'cooling off' the contracts are also unlawful.
- If the contracts were described as 'Floating arrangement/weeks' then the contract was also unlawful.
- If the timeshare product was presented as an investment or it was suggested the resale value would increase there is a case for mis-selling.
Can we claim any compensation?
For most timeshare owners who have asked us for help, getting out of their timeshare contract is their main priority. However, in addition to this our experts also advise on the expanding range of potential avenues for Compensation Claims against the timeshare resorts, groups and associated finance providers.
What will it cost to exit my timeshare contract?
Every timeshare case is different and there are number of factors which affect the amount of work involved and therefore the costs of you legally exiting your contract. We will only take up your case for exiting your timeshare contract, pursuing a compensation claim (or both), if we are fully confident that we will be able to successfully complete the process on your behalf.