A combination of increased yearly costs and considerably cheaper options available in the market has led to a significant number of timeshare owners looking to offload their timeshare commitments. As a result of this desperation, a large number of companies materialised that offered to take over or remove the yearly maintenance charges.
The most common scams come in the form of ‘Timeshare Re-sale Providers’ and ‘Holiday Clubs’.
What is a Timeshare re-sale provider
Timeshare re-sale providers promised to find a buyer for a customer’s timeshare and to take responsibility for their maintenance fees (which they are liable for every year). However, it was often the case that the timeshare owners were told there was a buyer for their timeshare and if they wanted to sell it, they must pay a ‘holding’ or ‘transfer’ fee for the privilege. It later transpired that there was never a buyer for the timeshare and the owner has lost their money.
What is a holiday club?
Holiday clubs promised to buy the timeshare from the owner in exchange for holidays of their own and cash-back schemes. Again, the client had to pay a fee for this, but later found out that the holidays they were offered were not as cheap/exotic as they were described. When they tried to claim money back using the cash-back certificate, they were met with certain criteria they did not match. As a result, that offer was then void.
What should I do if I think I have a claim for a mis-sold timeshare re-sale or holiday membership scheme?
Allay can provide you with a comprehensive service that deals with the process of being mis-sold a timeshare re-sale or holiday club schemes from start to finish, relieving you from the pressure of having to make the claim yourself.
We work on a no win, no fee* basis, so we only charge if we are successful in recovering money for you.
You will benefit from having a dedicated case handler who will take your claim through the entire journey. To get started with your claim, get in touch today by calling us on 0191 462 0000.