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Can You Get Your Money Back From A Timeshare?
Can You Get Your Money Back From A Timeshare?
posted 14th February 2024 Posted 7 months ago
By National Timeshare Helpline Blog
Blog
The simple answer is YES. Thousands of timeshare owners have already received compensation, and the banks will pay millions more this year. However, only timeshare owners that paid by finance are eligible. There isn't a financial mechanism to claim back payments made by bank transfer.
Depending on which timeshare company you purchased your timeshare from, and the payment method will dictate whether you have a viable claim. The key to a timeshare claim is determining who will pay you if you win. The only way to guarantee your money is if you are claiming the compensation and settlement from the finance company that funded your purchase.
Making a direct claim against a company such as Club La Costa is a waste of time as, like most timeshare companies, it has closed down. Winning a claim in principle through the courts in Spain is easy; what matters is actually receiving the money.
As such, if you live in the UK and took out a finance agreement to fund your timeshare purchase, the best way to increase your bank balance is to make a claim against the relevant bank. Finance agreements issued by banks in the UK are subject to protection by the 1974 Consumer Credit Act.
We are experts in the technicalities of consumer credit claims. Our expert team has won millions in timeshare claims, and 2024 is set to be the biggest year on record. If you want the best advice and the best chance of winning your claim, get in touch.
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Timeshare Exit & Claims Guide
National Timeshare Helpline are a UK based Timeshare consumer organisation that provide No Upfront Fee Timeshare Claims, No Upfront Fee Timeshare Contract Cancellation and Free Timeshare Exit and Claim Scam Advice. Our No Upfront Fee policy guarantees that no money changes hands until a successful service is provided. Thus, giving you 100% peace of mind.
Contact us on our freephone number if you have any questions 0800 0590 106 . Read our Reviews
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Reviews From Our Clients
I fully recommend National Timeshare Helpline if you need to terminate your timeshare contract or pursue a claim for monies paid to companies who have not provided claim services that you have paid them for. NTH can also help you…
Mr Jones
Excellent Service, very efficient. Extremely pleasant on the phone.
Mrs Taylor
Hi, Just a few lines to say that the service provided by National Timeshare Helpline was very good and we would recommend them to anyone and our many thanks for all your hardwork. We wish we knew about them years…
David and Geraldine
Hi Donna, I found the whole experience with National Timeshare Helpline very satisfying, they always reply to my e-mails and phone calls. The company terminated my timeshare in a very short time. I did get scammed by a British firm…
Michael and Jane
N.T.H got me out of my timeshare mess, painless procedure, thanks.
David
Been contacted by several Timeshare companies you said they would help me terminate my contract with my Timeshare - but wanted 50% upfront. National Timeshare Helpline wanted nothing upfront - quoted all in price on completion which would take 6-8…
Mr Perry
Thanks for your valuable information!The guy Edwardo called me on Monday morning, and the first thing he said was, “Congratulations Mr Pennington on you receiving in your name 21 thousand euros. I let him waffle on about his qualifications and…
Brian
This company have ended all our concerns re our exit from Our Timeshare. Now we can block, say No and put phone down the phone on Scammers who say we’re still “On the list”. We couldn’t add a review through…
Mrs Woodgate
Thank you for your services in helping us get out of our contract with our timeshare provider. We really appreciate your help.
Mr Jones
Where do i start. I got involved with x3 fraudulent so called Timeshare Terminators A.B.C.Lawyers who stole £9000 off me, and J.Foster Associates who stole £10,600 off me. You have got to trust somebody so i phoned National Timeshare Helpline…
Mick
National Timeshare Helpline makes things very simple and easy to deal with. No complicated paperwork and no legal jargon. They are clear, efficient, and always there for you if you need them.
Mrs Chan
I contacted the National Timeshare Helpline because I was worried about the perpetuity clause in my Timeshare contract and all previous attempts the extricate myself from my contract had failed. I spoke to Keith on the ‘phone and…
Mrs Morris
I found this process so easy, everyone explained fully the process and made it so easy for us to get this sorted, a big thank you to the team, they kept me informed with the process and it was resolved.…
Mrs Ellington
A big thank you to you and your colleagues for all your professional practise and help in resolving our timeshare problems. You will never know what a weight you all have lifted off our shoulders and hopefully we can now…
Mr Godman
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Good to know: You don't need to use a claims management company to make your complaint to your bank, lender, provider or intermediary. If your claim is not successful, you can refer it the the financial ombudsman yourself for free. National Timeshare Helpline is a trading name of Mercantile Claims Management Solutions Ltd and is Authorised and Regulated by the Financial Conduct Authority. Firm Reference Number: 831699. Our registration is recorded, and a record of this trading style can be viewed at www.fca.org.uk
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