Sunday, 26 June 2016 18:34

Now Is The Perfect Time To #Brexit Your Timeshare

Now Is The Perfect Time To #Brexit Your Timeshare www.photosgrancanaria.com

Whatever side of the #Brexit debate you're on, the UK's decision to leave Europe makes British timeshare owner's position uncertain. Here are the four reasons why now is the time to #Brexit your Spanish timeshare and get your money back.

Spanish law is finally on your side

Spanish supreme court rulings make thousands of timeshare contracts signed in the years after 1998 (when Spain passed a strict new law) so illegal that they are void. 

Now, for the first time since 1998, Canarian and Spanish courts are ordering timeshare companies to return money to their clients. The first unappealable ruling was in 2015, but they are coming thick and fast in 2016. 

If you signed a timeshare contract after January 4, 1999 and it includes any of the following, you can go to court, get it cancelled, and get all your money back. 

An in perpetuity clause: All timeshare contracts must last between three and 50 years.

Floating weeks: All timeshare contracts must have a defined date. This includes points; all contracts containing points are void. 

Deposits taken within the cooling off period: Did you pay a deposit with 14 days of signing your Spanish timeshare contract? Your contract is legally void. If your contract also includes an in perpetuity clause or a floating week, and you paid a deposit with 90 days, it is also void. 

AND, if you paid an illegal deposit, you are entitled to all your money back, plus twice the deposit you paid. In many cases, the extra money you get more than covers the legal costs of claiming your money back

Read more about why this is the real deal and why the timeshare companies have nowhere left to hide.

The weak pound amplifies your compensation

With #Brexit uncertainty due to depress the pound for the foreseeable future, now is the best time to start the legal process and get your money back. Your legal costs are buffered by the extra money you get by converting your money from euros into pounds. 

Or, just keep the money in euros and never have to worry about exchange rates again. 

Long-term uncertainty means now is the time to act

Illegal timeshare contracts are being annulled on a weekly basis and there is no immediate reason to think that this will change.

But, last week the bookies said the UK would stay in Europe and most people expected the British to vote remain. 

Things change, and timeshare companies have good lawyers and bankers. What if timeshare works out a way to get out of paying up for illegal contracts? Or just runs out of money?

Start the legal process now and you stand the best chance of getting your money back whatever the future holds. 

It's your money

When Spanish law declares a contract void, it's as if it never existed. That's why the timeshare companies have to give back all the money they took when you signed up (more in the case of illegal deposits). 

If your timeshare contract is void, then a big company has your money and you have every right to demand it back. Even if you love your timeshare weeks, why should timeshare keep thousands of pounds of your money.

Money that could pay off your mortgage, beef up your pension, or pay for your children's university fees or 10 amazing holidays?

This is really happening: In May 2016, an Anfi client got €189,000 returned by the company after the Las Palmas High Court voided their contract.

Timeshare owners are getting their contracts annulled and their money returned on a weekly basis. 

And now is the time to join them.

You can get your timeshare money back

If you think your Spanish timeshare contract is illegal, contact the Canarian Legal Alliance today. Based in Gran Canaria, it is Spain's leading timeshare law firm.

  • The CLA first won a timeshare case in the Spanish Supreme Court
  • It was first to get  timeshare company to pay up
  • Now it has hundreds of cases against Spanish timeshare companies and wins cases every week. 

The CLA's legal team will contact you with 24 hours and you'll know whether you can get your contract annulled and your money back.

More timeshare info: Spanish Timeshare law FAQ

Published in Timeshare Law

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Tip of the day

  • The Parafarmacia In Gran Canaria Is Not A Chemist!
    The Parafarmacia In Gran Canaria Is Not A Chemist!

    If there is one thing we hate it is visitors being tricked in Gran Canaria. In the past we've warned about overcharging at Gran Canaria chemists, and rip off electronics shops in resorts. 

    In this Tip Of The Day we return to the island's chemists or rather, to the island's fake chemists.

    A chemist in Gran Canaria is called a Farmacia and always has a green cross sign. Farmacias are the only place tobuy medicine in Spain, even basics like paracetamol.

    However, there is another kind of shop in Gran Canaria that looks and sounds like a chemist but doesn't sell medicine. This is the Parafarmacia and it also uses a green cross sign.

    A parafarmacia is a herbal medicine shop that is not allowed to sell any normal medicine such as paracetamol, ibuprofen or antibiotics. 

    Instead, parafarmacias sell herbal alternatives to medicine but don't have to prove that they work and they can charge whatever they want.

    We recently heard from a visitor to Gran Canaria who went into a parafarmacia and was charged 40 euros for a herbal alternative to Ibuprofen. It was only when they read the label that they realised what had happened. 

    To locate a genuine farmacia, see this website and search within your municipio (Puerto Rico is in Mogán, Playa del Inglés is in San Bartolomé de Tirajana). At weekends and on fiesta days many farmacias close but there is always one open, known as the farmacia de guardia, in each municipio.

    Search for the nearest one to you with this tool

    Lex Says: To keep costs down, see this article for the way to ask for generic medicine rather than expensive branded alternatives. 

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