St Frances Timeshare Claims

Edwin Coe is representing a group of claimants in legal proceedings arising from timeshare products sold by St Frances Marketing Ltd trading, on occasion, as Buena Viva and based in Exeter. St Frances was a successor company to Easysave Finance Ltd (“Easysave”), which traded as Leisure Time Promotions. St Frances sold two types of time share schemes: “Classic Cruiser”, which gave the right to use a Thames cruiser; and holiday points, which could be exchanged for time spent in holiday accommodation.

Claimants were generally telephoned and told that they had won a free holiday. In order to claim the prize, they were invited to attend a presentation.

At the presentation, attendees were told about the benefits of buying a timeshare. Claimants say that the true nature of what they were buying was misrepresented to them. In order to finance the purchase of the product, attendees were asked to enter into a loan agreement with either GE Money or Barclays. Attendees left the presentation having purchased either the points or the right to use the cruiser and having entered into an agreement with either GE Money or Barclays.

Proceedings were issued against GE Money and Barclays on 16 March, with a view to seeking cancellation of the contracts and repayment of all monies paid. Both lenders accept that the Consumer Credit Act may make them liable for the alleged wrongdoings of St Frances.

Officers of St Frances are the subject of criminal proceedings which have been instigated by Trading Standards.

If you believe that you are the victim of misrepresentation by either St Frances or Easysave and would like to take legal action, please contact independent claims adviser, David Schneider, on 0208 958 3372 or send an e-mail to schneiders@ukonline.co.uk. You will be advised of the steps you need to take to join the action group, which will be represented legally by Edwin Coe.