Would you like to cancel your Timeshare?
TLW’s Head of financial mis-selling Marc Davison highlights the issues many people face once they’ve been sold or mis-sold Timeshare or Holiday Club Membership.
Timeshares or holiday club memberships are often sold on the premise of offering you the perfect chance to enjoy holidays and time with your family at a cost which reduces year on year.
While some companies are legitimate, thousands of people who have bought timeshares have fallen into clever, slickly operated timeshare scams where they may receive nothing at all for their money, or have purchased weeks in timeshares which are already owned by 2 or 3 others.
Many also become tied into contracts where maintenance fees increase rapidly year on year and become crippling. They then fall victim to further scams when trying to exit their contracts or sell a timeshare.
Timeshare cancellation can be extremely difficult with many companies being based abroad or not even existing. TLW Solicitors may be able to help if you have been a victim of a timeshare mis-selling or a scam when trying to sell your timeshare.
Marc Davison of TLW Solicitors advised, “Due to the high pressure and very convincing sales techniques used, it is easy for even the most savvy of consumers to be duped by one of these timeshare scams. We have seen people from all walks of life fall victim to various scams and people should not feel embarrassed by this. We have seen people try to sell a timeshare but then be duped into purchasing further options as investments to cover the costs, and some simply just do not get the service which they paid for.
Many individuals have been prosecuted for setting up and executing such timeshare scams but it is anticipated that this is only the tip of the iceberg and these scams continue today. The operations are so well run and on the face of it seem so professional that it is easy to see why people fall victim.”
See our case study on how TLW secured a timeshare release for one North Yorkshire couple.