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MIS-SOLD TIMESHARE

In simple terms a timeshare guarantees the purchaser the right to use a holiday home for a set number of weeks in a year.

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We have come across many UK clients who were persuaded to buy into unsuitable timeshare products.

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If you answer YES to any of the questions below you may be entitled to compensation

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  • You went to a holiday timeshare resort for a seminar on buying into timeshare.

  • The timeshare company linked to the holiday resort,  sold you a loan from a UK bank or financial institution to fund the purchase of the timeshare.​

  • You felt pressured, coerced or tricked into agreeing to and signing the contract.

  • You were made false promises and guaranteed that the timeshare property would increase in value over time.

  • You were told that the timeshare would be an investment and that the value would increase, leading to significant financial profit.

  • You have tried to exit the agreement but have been told you cannot or that you need to enter a new timeshare agreement to do so.

  • You were not made aware of the cooling off period or were told that it didn’t apply to you.

  • You were led to believe that maintenance charges were much lower than they actually are and were not told about the annual increases and additional fees.

  • You paid for the timeshare, or paid a deposit for the timeshare, using a method of finance (finance agreement or credit card).

  • You were told that it wasn’t in fact a timeshare and there was an attempt to pass the purchase as something else.

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Currently, we are dealing with a large number of claims where clients bought into the Silverpoint (https://www.canarianweekly.com/posts/criminal-investigation-silverpoint-excel) timeshare resort

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We are successfully taking claims forward on behalf of our clients  where timeshares were purchased using loans provided by a number of UK lenders including but not limited to :-

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GE Money Lending

Barclays Partners Finance

Shawbrook Bank

Hitachi Finance

 

​If you have invested in a timeshare either at Silverpoint or another resort and/or the finance company you invested with is not listed above, please still contact us and we will check if you could have a claim.

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