Did you know maintenance fees are the number one reason people want out of their timeshares?

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When you purchase a timeshare, you do not really own anything physical like a holiday home, you just own the right to use it for one week or two a year, depending on your agreement you signed up to. So why do you have to take on the responsibility of maintaining something you do not actually own?

You are purchasing the privilege to use accommodation and facilities in a resort or hotel. You get the comfort and convenience of a holiday home with the luxury of a resort so there are some great advantages of timeshare that to potential owner’s sound very appealing. The problem is that these fees go up every year and it is pretty much up to the resort to determine by how much.

Maintenance fees are meant to cover upkeep of the property like administration costs, pool cleaning, facilities maintenance, landscaping, painting and other general maintenance work. The average annual maintenance fee in the UK is around £400-£1000 annually, however these increase every year and after a few years can soon skyrocket out of control and affordability. If you sign up to a timeshare or a holiday points program you are obliged to pay these fees every year, despite whether you use your timeshare or not. They are non-negotiable and you are contractually liable to pay them.

The reason maintenance fees are the number one gripe of owners is mainly because of the increases that without doubt happen annually. The reason a timeshare resort does not want to lose owners is because these fees make up a major part of their income and only part of it is used to maintain the property. Without these fees, the timeshare industry model would find it hard to survive and keeping people locked in means they have a guaranteed income. The problem for the owner is that these fees actually represent a debt and if you do not pay them the resort will come after you like a high street debt collector, people have even had negative credit reports because of these debts.

The only way to get rid of the financial strain that comes with rising maintenance fees, is to get rid of your timeshare. If you have approached the resort and they have said there is absolutely no way out of your contract, do not stop paying them straight away. Wait until you have found a company you can trust to help negotiate your timeshare termination. Read our previous articles about who to trust in timeshare and seek professional advice. Why keep paying for something you do not want and that is putting you under financial stress. Finally, if you are thinking of working with a third party, use one that is registered with the Financial Conduct Authority, there are many rogue companies that work in timeshare and it’s not always easy to spot who is working with your best interests. So, check with the FCA before you agree to engage any services.

People who enter into timeshare agreements often find it difficult to keep up with the mounting maintenance fees and simply cannot afford it any longer. They may also find that the timeshare no longer suits their needs and simply want to end the contract. There are too many individuals who are willing to take advantage of timeshare owners and offer fake products, along with timeshare exit schemes. Before agreeing to any timeshare termination or exit procedure with an individual or company, seek independent advice and fully research any company you are thinking of working with.

The mis-selling of holiday products is, unfortunately, common practice within the holiday industry and these types of crimes often go unreported by the most vulnerable in our society and criminal convictions are few and far between.

If you have purchased a Lifestyle / Concierge Service, a timeshare or a ‘holiday points’-based product from a resort or company and feel unhappy with the service or feel you have been mis-sold this product, please get in touch with us to discuss how we may be able to help you with a possible Money Back Claim.

Falling for a scam can be devastating and victims can loose thousands of pounds

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Often people ask how did I fall for it? Well, it may surprise you to know that timeshare fraud is incredibly common and often people are targeted because they purchased a timeshare in the first place. In 2018 Action Fraud reported that a staggering £7 million pounds in losses had been reported to the service in a period of just six months. The reporting service compiled a list of those that had lost money to rogue companies claiming to be able to get people out of their timeshares and discovered that the average loss was £14,000 per victim.

Falling for a scam can be devastating and victims loose thousands of pounds, but it is also totally understandable. Often owners are desperate and fed up with paying through the nose for unaffordable finance agreements they were pushed into signing in order to purchase the timeshare. Owners are also faced with paying rising maintenance fees which are a financial noose around their necks, so when a company comes along and makes promises to put an end to all the financial turmoil it is easy to see why people get caught up. Unfortunately, with a reported 85% of owners unhappy with their timeshare purchase, there is no shortage of victims to target for a scammer. So, what are the warning signs when it comes to spotting a scammer? Here is what you need to be on the lookout for:

Cold caller: Under new laws companies are prohibited from contacting people out of the blue and without permission. So, if someone calls you and they have your personal information, ask them how they got it. They may have obtained it illegally by purchasing it from another company or ex timeshare salesperson. The chances are if they have done this they are acting in bad faith and after one thing only, your money!

Limited offer: A sales tactic often used in sales presentations, someone claiming to only be able to offer you this ‘amazing’ deal today is more than likely lying to you. It is a sales tactic used repeatedly to trick people into thinking they are getting a great deal. Unfortunately, that is rarely the case, if a company can offer you a service at a reduced price then why can’t they do that after you have had time to go away and think about it? Limited offers draw you in but are simply designed to get you to part with your cash there and then.

Payments up front: Once a scammer has won you over and they feel like you trust them they will almost certainly ask for payment. Once they have won over your confidence that they will rid you of your timeshare nightmare they want to get paid. But handing over money to a company before they perform any services for you is a bit like giving away your hard-earned cash to a stranger.

No credentials: Unfortunately, in the world of timeshare there are many individuals and companies ready to bad mouth one another. Discrediting another company, you may be working with is another tactic we see on a regular basis. By discrediting the good work someone else may have done for you they are trying to gain your trust and ultimately your money. A simple way to find out if they are telling the truth or not is to see who they are registered with. For example, are they regulated by the Financial Conduct Authority? Most rogue operators will not be, and you can visit the FCA site to check this.

Finally, if you have been a victim of a timeshare scam, report it. Often the victims of fraud keep it to themselves for fear of embarrassment, but timeshare scammers are pros with years of experience in tricking people out of their money and it is nothing to be ashamed of. If you have been scammed you may still be able to get that money back so it is important you act quickly, report it to the authorities and look for a registered company that can work with you to get your money back.

Are timeshares worth all the trouble?

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If you are the sort of family or couple who enjoys taking a holiday at the same time and place every single year, year after year, then a timeshare might be right for you!

Similarly, if you do not enjoy planning your own holiday and you prefer to chose from a limited experience selection and be restricted in your choices, then a holiday club membership may suit your needs and lifestyle.

Whichever of these categories you fit into both come with an overwhelming amount of terms and conditions and fine print. And when we say fine print, we mean miniscule, it is literally hidden away in the dreaded legally binding contracts.

So, what exactly are the differences between timeshares and holiday clubs?

When you buy a timeshare, what you are actually purchasing is the shared right to a vacation property that allows you to stay there for a set amount of time, on set dates every year. The contract maybe indefinite or it may be set to expire after a certain number of years have passed and “you have had your money’s worth” (which is likely never the case). A timeshare can mean anything from a hotel room or apartment to a family sized villa or larger dwelling. You will normally always have to pay a one-off upfront fee for a timeshare, and this can be anywhere from £10,000 upwards. The only real flexibility with timeshares is where they are traded in or swapped with other timeshare companies or owners for different times and locations. However, the timeshare is set up, they are generally quite restrictive, this works well for some families if they must holiday during certain times of the year i.e. school holidays. But bear in mind many people find that when the kids have grown up and no longer want to go on holiday with their parents, you are still stuck with the same timeshare and it may no longer suit your needs.

With holiday clubs, or vacation memberships, the membership scheme requires you to prepay for your annual holiday. They do, however, allow for slightly more variation on the type of getaway you can plan, compared to a timeshare, but nether less are still incredibly restrictive when compared to planning your own package holiday. The system of points that members purchase is redeemed within a network of resorts. Most resorts offer these types of points-based holiday clubs and are moving away from the standard timeshare model, and there is one reason why! They are highly profitable for the resorts as they continue to trap people in lengthy contracts, upselling customers at every opportunity, slapping additional fees when customers try to book different resorts all while they continue to charge annual maintenance fees.

So are they really worth it? The best way to work out if this is a good investment or a financial drain is to calculate the cost compared to booking your own holidays. Over ten to twenty years (and holidaying in the same place) will you get your money’s worth? And do not forget to calculate the cost of maintenance fees, which will rise year in year out.

Holidays clubs do offer more flexibility to members, but that does not mean they come without restrictions. They all depend on the type of membership you buy, the higher the purchase price, the more options you have and a greater selection to choose from. However, compare this to booking your own holiday and not having to pay annual fees to do so, and they are rarely worth the money and trouble you will have trying to book through the complicated points system.

Paying for a timeshare is an expense that is simply not worth the money.

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With tourism a thing of the past for the foreseeable future and people having less disposable income, paying for a timeshare seems like an expense that is simply not worth it. In fact, timeshares are simply not worth it, not worth the money and certainly not worth the trouble that comes hand in hand with ownership. Owners often feel once they have entered into a contract, they are trapped. Unfortunately, for many, the reality is a timeshare resort will do everything in its power to make owners feel trapped and left with no little choice but to continue paying up every year. If you are a timeshare owner desperate to be free from it, you may have approached your resort to try to get out of your contract and been met with one obstacle after the other. Or perhaps you are paying off a high interest loan that the resort arranged for you after the presentation. You may even be one of the many unlucky owners who have had their personal details forwarded on to a rogue company who are now targeting you by cold calling you offering bogus products and promises.

Timeshares were not always bad news!

Timeshare has earnt itself a terrible reputation over the years but that was not always the case. They first arrived in the 60’s and offered a new opportunity for holidaymakers to experience a unique way of travelling and gave owners a sense of pride as they felt they were investing in a little slice of heaven. They always had a pricey initial outlay to join, however they were not the rip off model they have become now. Owners still had a fee to pay, but it was reasonable in comparison to today’s exuberant fees. When they first became popular, timeshares offered good value for money and a unique luxury holiday for many people. The trouble is that in today’s competitive holiday market, they simply no longer offer value for money and resorts know this, that is why they try so hard to keep hold of owners and continually try to change the timeshare model to make them seem more appealing.

We have listed below some of the top reasons people are desperate to be free from their timeshares and indeed some of the top lines a timeshares sales representative will use to sell you a timeshare. In fact, these may also be the basis for which many timeshares are mis-sold to thousands of people every year.

Maintenance fees: A sales rep probably will not have gone into detail about the hidden costs of maintenance fees; however, they often start off pretty modest, maybe a few hundred pounds a year. But they quickly escalate and become unaffordable. Often cited as the number one reason for people wanting to leave a timeshare behind, after a few years of ownership they can sometimes increase into the thousands.

Investment opportunity: Timeshare has often been sold as an investment opportunity. Unfortunately, this is not the case and never will be. Despite what a salesperson will tell you, there are not hundreds of people lined up to buy timeshare so you can sell it later and make a profit. The truth is there are too many people desperate to get rid of their unwanted timeshares that the market is flooded and often people are so desperate they end up giving them away. The likelihood of making any money on a timeshare is almost slim to non-existent, but resorts have used this tactic to make sales, something which is not only unethical but also a complete lie.

High interest loan: Timeshare loans and finance agreements are high interest. More often than not, if you cannot pay for your timeshare in full, the resort will already have a finance partner they use. This means they have a longstanding credit arrangement with a certain bank or loan provider. Typically, these loans are high interest and over the years people end up paying way and above what the initial price of the timeshare was.

Can’t sell them on: You cannot re-sell them later. A timeshare is not worth anything, so it makes them extremely difficult to re-sell. In fact, they are notoriously difficult to sell and you cannot even give them away. The reason being they come with a lot of baggage. And we do not mean holiday baggage. To own a timeshare means you must take on all the negative aspects too, this includes annual maintenance fees which go up every single year.

The good news is that it is not too late to get out of a timeshare agreement and if you believe you have been mis-sold a timeshare and have suffered financially because of it, we may be able to help you. Contact us today for free expert advice and find out if you are legally entitled to compensation and be free from your timeshare burden once and for all.

Judge rules in favour of timeshare owner.

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Over in the U.S. a judge has ruled in favour of a couple who legally gave away their timeshare after the resort refused to take it back and they failed to sell it on. Proving timeshares are almost impossible to get away from once you own, Mr and Mrs Riley were then sued by the resort who dragged them to court even though the Riley’s were able to prove they were no longer the legal owners of the timeshare.

Unfortunately for the couple, they both had been hit hard by the Pandemic and had been furloughed by their employers, so needless to say paying for a timeshare was not a priority for them at this time. They tried to work with the timeshare resort, but they refused to help the couple who were struggling financially. After legally giving their timeshare to a third party, the resort decided this was not acceptable, even though it was legal, and decided to take them to court.

Timeshare ownership in the U.S works pretty much the same as everywhere else apart from a few subtle differences. Generally, in Europe, timeshares provide for a stay in a fixed week, in a fixed room and at a fixed time of the year. The same is true in the U.S, except that timeshare are usually subject to a deed, meaning that the timeshare itself is registered. The laws differ from state to state; however, they usually operate in the same way. The main difference from Europe is that contracts in perpetuity were deemed unlawful a few years back and timeshare resorts are no longer allowed to sell timeshares with everlasting contracts. U.S timeshare contracts are also harder to extricate the consumer from, as they are deeded which is not a simple contract, it means an owner owns an actual physical interest in a timeshare property.

Because of this timeshare owners in the U.S often find themselves subject to tricky real estate laws which is something the timeshare companies use to their advantage to try to keep people locked in lengthy contracts. However, the Riley’s lawfully gave their timeshare away, meaning they deeded the property to someone else who then took over responsibility for the timeshare. Incredibly, even after providing evidence to the timeshare company that they had legally given away their timeshare, the resort decided this simply was not good enough for them and continued to take the Riley’s to court. However, the judge ruled in their favour and was sympathetic to the position they had been put in by the resort and the current Pandemic and employment status they both found themselves in. The judge ruled against the timeshare company and in his ruling stated no one should have to pay for something they cannot use or no longer want.

The case is just another illustration of how far some timeshare companies are willing to go to keep hold of their long-suffering owners and those precious maintenance fees they collect every year.

The Hidden Cost Of Owning a Timeshare

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Whether you have attended a timeshare presentation or read all about timeshares, what they will not disclose to you is the true cost of owning a timeshare. These additional costs are hidden from you, and why would they tell you all about the negative aspects to ownership. They want you to buy, there and then. They want you to go away and tell everyone you know; how wonderful it is to own a timeshare. The problem is, timeshares are a liability, and for the millions of people all over the world that own one, these hidden costs only emerge after they have signed on the dotted line.

We speak to people on a daily basis who have paid anything from £20,000 to £50,000 on timeshares, they come to us after realising they were mis-sold their timeshare or simply realised it was not worth the money, not fit for purpose, not as promised and they were lied to by the salesperson. Understandably after forking out thousands of pounds they are more than unhappy. To make matters worse, they often come to us after pleading with the resort to release them from their contracts. Most resorts, even though they say they have policies in place to allow owners to exit their timeshares, make it almost impossible for owners to leave.

  1. The Hidden Cost: When you sign up to a timeshare agreement, they will tell you there are maintenance fees to pay, annually. What they will not tell you is that these fees are likely to go up above the rate of inflation, every single year and this is despite you using the timeshare or not. Even if the property goes into disrepair (this is a common complaint we hear) you will still have to pay maintenance fees.
  2. Being tied down: When you purchase a timeshare you generally sign up for an extensive period of time, years in fact. Some contracts are even for life, meaning you signed up until the day you die. And once you have signed up, it is almost impossible to leave, timeshare resorts don’t want to lose your business or your maintenance fees, so they make it very difficult for owners to exit. This seems unreasonable to most people, but incredibly, we deal with owners who are experiencing financial hardship, lost their jobs and even people who have serious health problems and their resorts still will not let them out of their contractual obligations.
  3. Freedom of choice: Whether you own a timeshare at a fixed resort each year or you have paid for a holiday points membership, most owners say they find them restrictive. Despite what you are promised in a sales pitch, resorts often oversubscribe their memberships, especially in peak holidays months, meaning they have sold more than they have to offer. This is a common complaint amongst owners, who when they go to book find that there is little to no availability or they must pay additional fees if they want to use their memberships where and when they want to. And if you own a timeshare at a fixed location every year, the resort will continually try to upsell you to another points-based program, which will cost even more money.

Unhappy customer files lawsuit against timeshare resort

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A consumer in the U.S has filed a lawsuit against Diamond Resorts and the Consumer reporting service Experian, after he attended a timeshare sales presentation. The complaint has been filed in Florida by a Charles Young, who alleges that after attending a Diamond Resorts presentation, for which he received a free gift, however declined purchasing on the day. Despite this Mr Young says the resort opened a credit account in his name and without his permission or knowledge.

Mr Young attended the presentation in 2017 but declined to purchase a timeshare but still left with his attendance gift. It was not until a year later when he was in the process of purchasing a home, that he asked Experian for a credit report and was shocked when he discovered an unauthorised account in the name of Diamond Resorts. He contacted Diamond and Experian to demand an explanation but neither companies were helpful. In fact, he spent an entire year writing to both parties asking for this unauthorised account to be removed from his credit history. Young was then forced to contact police as he was not getting any legitimate answers elsewhere. He has now instructed a lawyer to act on his behalf who say both Diamond and Experian are in violation of the Fair Credit Report Act, by failing to act when Mr Young contacted them to report the matter.

The case proves yet again that no one ever really leaves a timeshare presentation unscathed. Even though Mr Young declined to purchase, he has been left feeling the repercussions of simply attending a meeting and now must fight to have his credit history repaired due to this fraudulent activity.

People who enter into timeshare agreements often find it difficult to keep up with the mounting maintenance fees and simply cannot afford it any longer. They may also find that the timeshare no longer suits their needs and simply want to end the contract. There are too many individuals who are willing to take advantage of timeshare owners and offer fake products, along with timeshare exit schemes. Before agreeing to any timeshare termination or exit procedure with an individual or company, seek independent advice and fully research any company you are thinking of working with.

The mis-selling of holiday products is, unfortunately, common practice within the holiday industry and these types of crimes often go unreported by the most vulnerable in our society and criminal convictions are few and far between.

If you have purchased a Lifestyle / Concierge Service, a timeshare or a ‘holiday points’-based product from a resort or company and feel unhappy with the service, or feel you have been mis-sold this product, please get in touch with us to discuss how we may be able to help you with a possible Money Back Claim.

Dubai tourism board set new regulations to protect from timeshare mis-selling.

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The timeshare model is not only popular in the US and Europe, but many other countries have adopted their own versions of holiday schemes and membership programmes, that unsurprisingly have left many owners unhappy and out of pocket.

Over in Dubai, where laws and regulations are strict, officials are acting to protect consumers against timeshare mis-selling and scams. They are hoping to put an end to fraud in the timeshare industry once and for all and protect residents. Dubai Tourism will develop new terms and conditions and technical standards that anyone selling or dealing in the timeshare industry will have to abide to before they can operate in the country. This means anyone dealing in timeshare will have to obtain legal permits and approvals before doing so. It also means that anyone wanting to sell timeshare or holiday products will have to be vetted beforehand which will hopefully weed out those individuals or organisations who do not act in the best interests of the public. The new regulations will also list and classify the residential units subject to the new law, Dubai tourism say that this new regulatory environment will stop any fraud in the timeshare industry.

In addition to this Dubai Tourism will also inspect timeshare facilities to ensure they are complying with the new laws. They will also oversee and be responsible for investigating complaints received against anyone or any organisation that works within the timeshare industry. According to the law, Dubai Tourism will establish and manage a database for all facilities operating as timeshare property in Dubai, create the contractual terms for time-sharing, and outline the requirements for timeshare advertisements. The hope is to weed out the bad players in the industry and these strict new laws and regulations will go a long way in doing so.

Timesharing in Dubai

Dubai is one of the fastest growing nations in the world and has become a vacation hotspot for people looking to experience a taste of the Middle East. You can find timeshare resorts in 121 countries and more than 5,400 resorts worldwide and it is estimated that there are around 7 million timeshare owners globally. So, Dubai has seen its fair share of timeshare resorts springing up in the holiday hotspot. The problem is that until now, the industry has not been subject to some of the strict laws and regulations the country in known for executing and some customers have been left out of pocket due to unscrupulous operators. There have been a handful of cases in the country where customers have signed up to timeshares and after either losing a job or experiencing a difficult financial situation the resorts have refused to give money back and relinquish contracts, something they had promised to do. So, the new laws will hopefully stamp out any bad practices and perhaps the industry will fair better if it works with the customers best interest in mind.

 

Timeshare Resale Scammer Sentenced.

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A 34-year-old scammer from Florida, has been sentenced after he conned 50 timeshare owners, also from Florida out of thousands of dollars each. Brandon Welsh has been sentenced to 11 months in a federal prison for setting up and executing a re-sale scam where he promised timeshare owners, he could sell them quickly in exchange for a fee.

Welsh operated two companies, Premier Rental Solutions and Paramount Property Professionals which vastly exaggerated their ability to sell timeshares and claimed to have buyers ready to purchase. Two detectives from Florida’s Orlando Department, investigated Welsh and his activities for more than a year and discovered he had conned many elderly victims out of thousands of dollars. Welsh misled owners into thinking he could sell their timeshares quickly and all they had to do was pay a fee for marketing purposes, he then lied to victims telling them he had extensively marketed their timeshares. When victims complained, he promised to refund fees paid to his company, something he did not do. Welsh was sentenced to 11 months and ordered to pay $87,000 to his victims and was also found guilty of grand thefts of $20,000.

Timeshare resale scams

Unfortunately, timeshare resale scams are common, and they target people who already own timeshare and are desperate to get rid of them. The problem is many owners are under the illusion their timeshare is worth something in the first place. Something a timeshare resort will not tell you, is that a timeshare depreciates in value quicker than a brand-new car. What you will be told in a timeshare presentation is mostly far from the truth and people are led to believe they are investing in a timeshare which they can either sell on at a later date and make a profit on or that when they have finished using or no longer have use for it will be able to sell it and not make a loss on what they initially laid out to purchase it. These are simply untrue facts and are statements made by resorts to persuade people to purchase, the resorts know that if they told potential buyers the full truth about what they were purchasing, most people would not bother as they simply do not offer good value for money. The reality is they are a financial drain, due to the maintenance fees, and most owners end up regretting ever having owned one. This is not to say that there is no market whatsoever for timeshares resales, there is a fairly buoyant market in the U.S compared to the UK, where many owners find themselves listing their timeshares for pennies compared to what they initially paid out.

Timeshare resale scams are easy to spot.

In tough economic times, like we currently find ourselves in, offloading a timeshare and possibly making a profit is a tempting prospect. However, the sad fact is that most people will never see a return on a timeshare and anyone claiming to be able to get one is probably trying to scam you. Timeshare owners are often targeted by scammers due to their trusting nature and desperation to be free from the financial strain that comes with them, but do not be fooled and if an individual or company contacts you, look out for the following warning signs:

  1. Be wary of anyone making ‘too good to be true’ promises. A scammer may tell you your timeshare is a valuable location and worth money because of this, and they have buyers lined up. This is rarely the case and just a sales tactic to get you hooked in on their con.
  2. Never pay upfront fees. If an offer is legitimate, why would you have to pay someone for something you are selling? Or have to pay fees before a sale had gone through?
  3. Research any company fully before engaging with them. Ask them how they got your details and if they cannot provide you with a satisfactory answer, hang up, they are more than likely acting in bad faith.

Is someone cold calling you about your timeshare really trying to help you?

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When you are thinking about exiting your timeshare or think you may be able to make a claim against the resort as it was mis-sold to you, it is crucial to ensure you are trusting the right company and the right people to help you do so. Unfortunately, many people come to us after having been scammed by so-called timeshare exit companies. This year, more than ever, due to Coronavirus, more and more scam artists have been appearing, taking advantage of people who may be desperate to exit their timeshares and stop paying for something they do not and cannot use. As a timeshare owner you are already likely to be targeted by scam companies and it can be frustrating and difficult to work out who is acting on a legitimate basis and who is looking to scam you out of your hard earned cash.

That is why it is so important to ask yourselves some important questions before entering into any financial or contractual obligations with anyone claiming to be able to help you either, exit from your timeshare, or be able to claim back money for you where it has been mis-sold. Here are some questions to ask yourself before entering into any agreements:

How did I hear about this company?

Is it because they cold called you? Did you know that in the UK it is now illegal to cold call an individual unless they have given their consent to specifically do so? Chances are if someone is contacting you in this way, they have no regard for the law and even less regard for your own personal rights. Ask them how they found your information, and if they do not have a satisfactory answer they probably will not act in a satisfactory way. Do some simple research, look them up online and check with the Financial Conduct Authority website, they have a list of companies that are known to them for fraudulent behaviour and a list for companies that have been vetted by the regulator.

Are they pressurising you?

If someone is pressuring you into making a decision on the spot, without giving you time to discuss it with family or even go away and think about it, chances are they are just desperate to get your money and don’t really care that this is an important financial decision for you to make. It is common practice in all aspects of timeshare, to push people into making rash decisions that they later go on the regret. Do not be forced to make a payment to anyone there and then and seek independent advice if you are unsure.

Are they promising you anything?

As with any legal matter, a timeshare and a claim against a resort should be treated on an individual basis and a legally trained expert will need to go through all the aspects surrounding your case, so no two claims are the same and should not be treated as such. Any company or individual claiming to be able to get your money back within a certain amount of time is simply trying to get you to sign up there and then. Be extra cautious if they make claims like you are owed thousands in compensation because you owned a timeshare at a specific resort, these claims are often false and baseless.

Finally, remember there are companies and individuals working to help people claim back money for mis-sold timeshares and who have years of experience in doing so. Check they are registered with the FCA and do your homework before parting with any money. Finally, if you have been scammed by one of these companies, all is not lost you could still get your money back if you act soon. Our team are experts with everything timeshare so get in touch today to see if we could help you make a no-win no-fee claim.