Keep up to date with news & views about timeshare termination, mis-selling claims and compensation payable to consumers throughout the UK. Follow us here.

,

Disney Set To Expand Their Timeshare Offerings

Walt Disney World Build 2 New Timeshare Resorts. The Florida-based theme park resort said that the as-yet-unnamed resort will open in 2022. It will have 900 hotel rooms, as well as villas for Disney’s timeshare program. The 27,000-acre tourist destination already has 36 resorts on its property, as well as four theme parks. This new project joins three other resort construction projects underway at Disney World.

Disney Parks and Resorts also announced a new development for Disney Vacation Club, it will be an entirely new resort near Epcot called Disney Riviera Resort and also unveiled a new skyway transportation system … Read more

/0 Comments/by
,

New Resorts and Mass Expansion Planned

RCI adds another resort to its portfolio.

RCI is the global leader in holiday exchange, with over 4,300 affiliated resorts in 110 countries. RCI has announced it is adding the Hondaafushi Island Resort to its portfolio of properties and marks the hospitality giant’s 4th resort in the region.

Hondaafushi Island Resort is a beautiful resort located in the stunning Maldives, with white sands and clear blue seas. It boasts mesmerising views of the lagoons, luxurious accommodations and five-star facilities.

A spokesperson for RCI India said about the new addition: “We are delighted to announce our new affiliation with Hondaafushi … Read more

/0 Comments/by
,

Timeshare Owners Sue Marriott Vacations

Ritz Carlton Timeshare Club members are bringing a mass action claim to a federal judge. The claim alleges Marriott Vacations caused the value of Ritz-Carlton Club members’ deeded units to decline and, in some cases, owners lost up to 90% in the value of their timeshares at the resort. Owners claim that an affiliation between Marriott Vacations Worldwide and Ritz-Carlton Destination Club, which allowed Marriott members to trade one week at the Ritz-Carlton Club in Aspen Highlands with points-based members of the Marriott Vacation Club, caused the value of their investments to sink. Ritz Carlton Club was sold to owners … Read more

/0 Comments/by
,

Company Directors Found Guilty Of Cold-Calling Scam

Two company directors from Nottingham have been found guilty of fraudulent trading after a 10-day trial. The firm cold-called businesses all over the UK, including takeaway restaurants, nail bars, hair salons and other small businesses, offering to reduce their business rates. The firm charged customers either £399 or £499 for simply filling in application forms. On their website, they boasted that they were the leading specialist in business rates, something that they could not justify when asked in court.

The small businesses targeted were then pressed for payment, even though rate cuts had not been achieved by the company. … Read more

/0 Comments/by
,

Talking of Timeshares …..

Timeshare Resort Under Fire For Not Paying Taxes.

A large timeshare company based in India is under the spotlight for allegedly not paying their taxes to the department of Excise and Taxation. Officials at the Indian department have accused the timeshare resort of not paying their taxes in the state where their head offices are located, but not paying taxes for where their resorts are operating.

The Excise and Taxation Department have served a recovery notice on the resort In question and accused them of tax evasion. The tax has been calculated as per minimum rental occupancy, but taxes … Read more

/0 Comments/by
,

Do you have a PCP car finance agreement ?

The Financial Conduct Authority announced back in 2017 that they were investigating the motor financing industry, to ensure that consumers were not being caused harm, to understand how finance products were sold and, to see if the market is functioning as well as it could be. In March, the FCA published an update of this review, setting out the areas of concern that they have highlighted for further investigation. One of those areas is PCP or Personal Contract Purchase.

And finance experts are eagerly anticipating the publication of the FCA’s findings. If the FCA rule the sales processes employed … Read more

/0 Comments/by
,

Another timeshare scam in the US.

A real estate company in the US is warning consumers and real estate brokers about a spurt of recent timeshare scams. The scammers are cold-calling timeshare owners claiming to be from a legitimate real estate agency and offering timeshare sales and exit services for timeshares owners.

The scammers have been falsely representing themselves as home sales agents working for a legitimate firm, even going as far as to use their real estate license number and address.

The scammer will then offer to sell the victims timeshare, explaining how they have many clients ready to purchase timeshares at a reasonable price. … Read more

/0 Comments/by
,

£21 Million Lost To Computer Software Service Fraud

£21 Million Lost To Computer Software Service Fraud
Action Fraud have launched a new campaign to warn people about Computer Software service Fraud. It is one of the UK’s top five most reported types of fraud. In 2017/18, over 22,000 people have reported being scammed and the total loss combined is £21 Million.

Action Fraud received 22,609 reports from members of the public, concerning Computer Software Service Fraud and a total of £21,365,360 being stolen by scammers. Action Fraud report the average age of a victim is 63 and people living in London and Bristol are most likely … Read more

/0 Comments/by
,

More Mis-sold Financial Products !

Solar Panels, The New Nightmare For Barclays !

Barclays may have to pay a £38.5 million bill to homeowners over loans taken out to fund solar panels which may have been mis-sold. Barclays Partner Finance is a subsidiary of the bank and has said it will put aside a fixed amount to settle customer claims for compensation. They have also employed the services of solicitors to review its liabilities in relation to the case.

It was revealed in May that solar sales agents had misled homeowners into signing up to loan agreements for solar panels. After a surge in complaints … Read more

/0 Comments/by
,

Wyndham Vacation Rentals Opens New Resorts

Wyndham Vacation Rentals celebrates the opening of Waikiki Village in Myrtle Beach, South Carolina, USA. This marks the 10th property in the Myrtle Beach area alone.

Wyndham hotel group is an American hospitality company. It is the holding company for RCI and other lodging brands such as Oceana Resorts. It is composed of more than 9,000 hotels, under 21 different brands, spanning more than 75 countries, in six continents. In January 2018, Wyndham Hotel Group announced they had entered into an agreement whereby Wyndham Destinations would acquire La Quinta Holdings hotel franchise and hotel management for $1.95 billion in … Read more

/0 Comments/by