The financial watchdog, the FCA, wants to crack down on high-cost-credit, an issue which effects more than 3 million people in the UK. The Financial Conduct Authority has announced plans to cap fees in the rent-to-own market, where you can but furniture or appliances by way of weekly or monthly payments, at a high interest rate. They also want to crack down on doorstep Borrowing , where the lender comes to your home and collects payments. It also wants stricter regulations on catalogue shopping, which also charge an extortionate amount of interest on the goods they sell. On overdrafts, the … Read more

Are Diamond Resorts about to go public?

Diamond Resorts owns a network of 379 vacation destinations in 35 countries around the world and sells vacation ownership points. In June 2016, Apollo Global Management made a successful offer to purchase Diamond Resorts International. On January 18th 2018, the company underwent a brand refresh, updating its logo and officially dropped the “International” from its name, and became known as Diamond Resorts. Along with these changes, as many as 1,000 employees at more than 15 European locatiions were told they were losing their jobs. This does not appear to have generated enough profit … Read more

Here at Praetorian Legal we actively use feedback to constantly improve our delivery and to provide our clients with the best possible service.

Once we have terminated the timeshare, each client receives an Exit Pack. Each Exit Pack contains various documents, one being a testimonial form. There are various questions on the form asking the client to rate us out of 10 on different aspects of the service they received. We also ask the client to add any additional comments to the bottom of the form.

Upon receipt, the testimonials are reviewed by senior management to ensure we are providing … Read more

Many timeshare holders and frequent holiday makers of the 5 star Fortina Hotel in Malta have started to post on the ever popular TripAdvisor site. Unfortunately, it appears that the hotel is due to close in December 2017.

Timeshare owners have received a letter from a company called Mercury Direct informing them that the hotel will not be operating after December 2017.

At this moment in time, timeshare owners are being offered the chance to move their timeshare to the Fortina’s 4 star sister hotel. This news has not gone down well with the community. With posts on TripAdvisor suggesting … Read more

With the end of another year fast approaching, there are many things to look forward to with the festivities that Christmas and New Year period bring. With all celebrations also comes the expenditure and extra financial burden that this time of year brings and timeshare, holiday product and vacation club owners feel it more than most.

It is around this time of year when many are hit hard with demands for their annual timeshare maintenance fees.

Although not every client’s fees are the same, as they range from £350 to over £1,000, there is one common trend for everyone – … Read more

Did you know that in the UK there are more than 600,000 timeshare owners? Many of these people attended timeshare presentations after being invited or enticed with the offer of a free holiday or gift. A great deal of these people was then persuaded to purchase on the day, made exclusive offers that were only available there and then and promised their timeshare was an investment. These customers were also not informed that their maintenance fees would more than likely increase year after year, and they would be subjected to upselling whenever they visit their resort. In fact, these are … Read more

Its estimated that around 600,000 people own timeshare or holiday club memberships in the UK. Getting out of contracts can be difficult, time consuming and costly.

Praetorian Legal provide our clients with a fully guaranteed, cost effective timeshare termination service. We have saved our clients over £3,700,000 in maintenance fees and have dissolved thousands of contracts.

Many of our clients have experienced years of worry and stress due to their timeshare burden and it is extremely rewarding to help so many put an end to their nightmare experiences with timeshare resorts.

Today we have the  pleasure of sharing with you, … Read more

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