Barclays Partner Finance in the Firing Line again

Group Action Issued and Served

A small group of victims of a Timeshare Scam started a group action back in 2012 against Barclays Partner Finance formerly the Clydesdale Bank (BFP).

All of these claimants have all been duped into buying bundles of timeshare properties “as an investment”, most mis-sales took place within Europe. All mis-selling utilised the finance arrangements made available by either BFP. The Group Action is being run by a leading firm of Litigation Solicitors based in London’s Lincoln’s Inn, the firm (messrs Edwin Coe) has already achieved significant success in similar actions against these lenders.

The aim of the Group Action is to obtain a full rescission of the agreement and recovery of monies lost as a result of the scam, they seek recovery of any lost capital, all interest charges, refund of maintenance fees and related interest. Perhaps most importantly a successful action will mean that the claimant and their heirs will no longer be hounded by the timeshare company for related maintenance fees in perpetuity.

Proceedings have been issued in the Mercantile Court in London, Barclays Partner Finance have been served accordingly.

Olton Alexander Financial Claims Ltd is currently compiling the action as exclusive claims manager, all interested parties must initially join the action through their offices, they can be reached on     01273 915451 or via email admin@oltonlalexander.co.uk