End the Week

It’s Friday again and the weekend beckons, so to end this week Inside Timeshare has a quick look back at the articles published with a rather interesting update on one of them. There has also been a report in the Daily Mirror on another “claims & exit” company being taken to court by a disgruntled client. Although this particular company has not yet featured on the pages of Inside Timeshare, several of the companies they are associated with have been.

We begin with the first two articles published this week, Club La Costa: Timeshare versus Independent Booking and Marriott: What Is Your Timeshare Worth.

The first article this week follows on from the previous articles where Inside Timeshare looked at the availability of timeshare resorts on independent booking websites. In all the articles it can be seen that many of these timeshare resorts are open to bookings from non-members and that in most cases the cost is far lower than the annual maintenance fees being paid by members.

The average maintenance fee paid by CLC members is around 1,300€ for points worth the equivalent of a one week stay in a 1-bed apartment or studio, a figure that goes up each year and increases with the number of points owned. This article showed a 1 bedroom apartment sleeping 4 adults for 7 nights at the CLC Monterey Resort in Tenerife.

This was available for the period 6 November to 13 November 2020 on Apartments4u, the cost was a very low 553.79€ or just 19.77€ per person per night. This is half the amount a member will be paying in annual fees, is this right?

Our second article then looked at Marriott and what the value is on the resale market for those wanting to be timeshare free.

Unfortunately, the true value is a lot less than what was paid to purchase it in the first place, contrary to what the salespeople may have said it does not go up in value, it actually falls drastically. We found quite a variance in prices from 1000€ for a 1 or 2 bed Silver all the way to 18,000€ for a 3-bed platinum week.

It must be said that the majority on sale were all around the 1000€ price tag, the higher prices are what the owner who is trying to sell still believes it is worth. Remember, when you purchase the timeshare in the first place, the majority of the price you paid (around 80%) was to pay for the sales and marketing team, the OPC’s, scratch cards, all costs involved at the presentation and all the admin staff in the contracts department.

So how much do you think your timeshare is worth?

Yesterday, Inside Timeshare published the latest incarnation of another member of the Litigious Abogados Family, Abogados El Paloma. As has always been the case, the website is an exact copy of all the previous ones, the only difference is the names of the so-called lawyers.

This time they have used the same pictures as were used by Torcaz Abogados and Paloma Abogados including the same picture of the founder Amador Dularta Colatamo. This same picture appeared as the founder of the two other “law” firms and was named as Fernando Olawza Garcia of Torcaz Abogados and Fernando Nialgan Torkas of Paloma Abogados, he is in fact Judge Dana Makoto Sabraw, for the United States District Court for the Southern District of California.

In the same article, we brought an update on an old “claims” company Verity Claims Ltd, although the company was actually dissolved in 2017, we revealed that the website https://www.verityclaims.co.uk/ was re-registered on 25 October 2018, almost 1 year after the company was officially dissolved.

But that is not all, the two directors Mr David Paul Sperring, Director I.D: 917228853 & Mr George Burbidge, Director I.D: 908798815, were actually jailed in 2017 for 3 years after admitting a scam that was worth over £300K in a claims compensation scam.

It turns out while Inside Timeshare was looking at this company in relation to claims against ILG and DWVC, they were also doing claims for mis-sold solar panels. It was this part of their enterprise that finally got them. So the question is who is now behind the website?

https://www.nationaltradingstandards.uk/news/directors-jailed-for-300k-plus-claims-scam/

Yesterday the Daily Mirror published the story of a UK couple who own Club La Costa taking to court a “claims & exit” company. Although as yet this company has not appeared on these pages, their associates have done.

The company is Carl James Associates Ltd, Company Registration 09886619, with the registered address:

71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ

This address has been used by so many companies involved in various timeshare schemes it always gets alarm bells ringing.

The director is Thomas Whelehan who has been the sole director since the company was incorporated in November 2015.

It seems that the “client” wanted an exit from his CLC membership, he paid Carl James Associates £4,200 for them to do this work. The client had not yet signed a contract or even given them any of his documents. He decided to cancel and wanted his money back. This was refused.

According to Carl James, the work to do the cancellation had been passed to Fullbrook Associates of Sterling, a name we are familiar with as they also work hand in hand with Claims Solutions Group of Aberfeldy and Meridian Associates based in Tenerife.

The other link which does not look good is the “consultant” who spoke with the client, Gerald Tiernan who it turns out was once the Sales and Marketing Manager at Eze Group. A link that is not lost on us.

When the Mirror spoke with Club La Costa the Operations Director Guy Mantel explained that CLC will allow members to exit free of charge, provided that maintenance was paid to date, he also stated:

“Members can simply contact our CLC World Member Services department to enquire on this policy and be guided through the process if required.”

“Claims management companies we believe are fully aware of our policy in this matter yet continue to misrepresent the situation and persuade our members to payout fees, in some cases sizable amounts in the thousands, for a service that is not required.”

So there you have it, All these “exit” companies are very aware that Club La Costa will allow their members out free of charge yet still continue to use every falsehood going to get you the member to part with your money.

See the link for the full story.

https://www.mirror.co.uk/news/uk-news/club-la-costa-couple-fight-22732136

Well, that is all for this week, have a great weekend and join us again next week for more about the murky world of timeshare.


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