Timeshares & Fractional Ownership
The process of a successful claim depends on an attention to detail, a knowledge of the laws involved and keeping the client informed all along the way. Strax Capital excelled in all three areas.
We can help you recover up to £350,000
if you have taken bank loans or mortgages to finance the purchase of Timeshares and Fractional Ownership timeshare investments.
Contact us for a free, no-obligation assessment.
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Our Process
Our process is designed to make everything as easy and efficient as possible for you.
Our Partners and Case Managers will always be available to explain everything without jargon.
We work on a No Win, No Fee basis.
We do not charge any upfront fees and work on a no-win no-fee basis i.e. only if we recover compensation, will we charge you a fee.
1
ASSESSMENT
Our experts will call you and establish your circumstances at the time of remortgage and advise if there is a likely claim.
If you lost money and the risks were not properly explained there is a good chance you may be entitled to make a claim.
2
PREPARATION
We will work with you to get any documents you may have kept and work with you to obtain everything else we need.
Using this, our team will analyse all the information and keep you updated throughout.
3
SUBMISSION
Our team will present all the information in a framework that we have refined to make the process as efficient as possible.
We will handle all communication and additional paperwork regarding your claim.
4
COMPENSATION
We can claim up £350,000.
You do not have to use our services and can complain directly to the firm who you are complaining about or to the Financial Ombudsman Service or the Financial Compensation Scheme for free.
Potential Signs of Mis-selling
Below are some of the timeshare resorts where UK clients have purchased timeshares:
Elite Club Resorts
RCI Europe
MGM
Club La Costa
Silverpoint
Anfi
Marriot Vacation Club International
Palm Oasis
Diamond Resorts International
Azure Resorts Limited
There are various UK lenders who provided loans to purchase timeshares. Below are a few examples of many:
GE Money Lending
Barclays Partners Finance
Clydesdale Financial Services
Shawbrook Bank
Link Financial
Hitachi Finance
If you believe you have invested in Timeshares and the company you invested with is not listed above, please still contact us and one of our Case Managers will check if you could have a claim.
Below are a few signs that you have been sold a Timeshare or a Fractional Ownership Investment and that you may have a valid claim:
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You went to a holiday timeshare resort for a seminar on Timeshares
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You were told that your timeshare is an “investment” or that it would increase in value?
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You were introduced by a timeshare company linked to the holiday resort who sold you a loan from a UK bank or financial institution to fund the purchase of the Timeshare or the Fractional Ownership investment.
If these apply then your timeshare may have been mis-sold and you could be eligible for compensation from the UK bank or financial institution which may include the loan being written off and the repayment of all money already paid.