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M1 Legal secures £73,600 timeshare compensation award for Wakefield couple

M1 Legal secures £73,600 timeshare compensation award for Wakefield couple

Life changing windfall for Yorkshire timeshare victims secured by Europe's leading firm of timeshare lawyers

Huge award

Andrew and Olivia (names changed) from Wakefield in the UK were awarded £73,658 by a Barcelona court last week, due to 'lack of information' (which generally means they were sold outlawed floating time, or points contracts).

Lawyer Patricia Criado Navas achieved the award on behalf of Andrew and Olive, who contracted European Consumer Claims just over 6 months ago.

M1 Legal

M1 Legal are the Spanish firm of timeshare lawyers who carry out the legal work for ECC, and their success rate with timeshare claims is currently 98.6%. 

During the previous week at the time this article went to press, M1 achieved 13 victories in court against timeshare bad actors, with a total monetary value of £176,718

Bumper month

"So far in June 2022, we have successfully won awards worth £460,642," says Fernando Sansegundo, head of M1 Legal in Spain. "We have several business days left and expect to once more break through the all important £500k mark on behalf of our clients.

"Besides Andrew and Olivia's fantastic £73,600 award, there were many other significant sums awarded to other clients. We have a couple of Marriott owners from Gibraltar who we have just won over £32,000 for. Another couple won almost £30,000 against Anfi in Gran Canaria. 

"These are huge amounts of money, especially when before they retained M1 Legal through ECC most clients considered themselves stuck with a product they don't want, and was costing them a fortune every year in fees."

Help at hand

Fernando advises anyone worried or frustrated with their timeshare to first get in touch with ECC to find out what their options are. "ECC determine which clients can be helped, and how. Usually there is a way to escape from an unwanted timeshare, and ECC will let you know your best way forward. The consultation costs nothing and their advisors are friendly and helpful. 

"ECC carry out the initial assessment to see whether you qualify for compensation, or just a straightforward relinquishment.

"All enquiries to ECC are treated in the strictest confidence."

Need some help?

If you want help or advice about getting free from your timeshare ownership, contact the Timeshare Advice Centre for free and confidential advice. You may even be able to claim compensation, so find out more about your options today.

About Timeshare Release

During the Timeshare sales boom of the 80s & 90s, potential buyers were lured in by the promise of affordable exotic holidays, flexible exchange programmes and the impression that Timeshare would be a valuable "investment".

In an industry with little or no regulation, high pressure sales tactics were rife and contract smallprint was often glossed over and explained away by sharp salespeople.

Many Timeshare buyers were therefore unaware that they were actually making significant, long term financial commitments on behalf of themselves and their families.

To find out how you can escape the Timeshare Trap please complete the short Timeshare Release Wizard now.

The Timeshare Trap

The timeshare trap

For many Timeshare owners, annual maintenance fees were barely considered token amounts in the early "honeymoon period" of ownership.

However, year-on-year increases imposed by the resorts over time now mean that the maintenance fees have risen to become substantial sums.

Owners are also facing the prospect of ongoing yearly fee increases and realising that they (and their families) are often committed to long term contracts for generations to come.

Please try our Future Fees Calculator to estimate your liabilities over the term of your Timeshare contract, based on an annual increase of 7.5%.

If you're concerned about rising fees and how to escape the Timeshare Trap, please contact us today.

Timeshare Owner Reports

Timeshare owner reports

Recent comments from RCI Timeshare owners who have come to us for help with contract cancellation:

Mr Steve R, Middlesex - RCI/Hollywood Mirage

“We 'swapped ‘another place in Tenerife for this in order to move to the points system. Since then, getting exchanges to desirable resorts proves almost impossible, irrespective of in-season or off-season.”

Mrs Rachael B, Yorkshire - RCI Europe

“I purchased my timeshare in 1999 and have been a timeshare member ever since. More often than not, I have not be able to go where I wanted and have ended up giving a few weeks to Friends, etc to book somewhere they wanted in order not to lose the weeks. I have then stayed in a hotel!! I am desperately trying to get rid of the timeshare and am now paying Timeshare Shop in Manchester to get rid of it for me.”

Read more...