Top Timeshare Tips from UK European Consumer Centre
1. Beware of aggressive sales
Timeshares and holiday clubs are often sold using aggressive techniques (many of which are illegal in the EU). For example, holidaymakers may be offered a scratch card which invariably wins a prize. To get the prize, they are lured into a commercial presentation and pressured into signing a contract on the spot. Be wary of people approaching you on the street whilst on holiday.
2. Be cautious of timeshare resale offers
Some timeshare resale companies offer to resell your timeshare for an upfront fee. Once the fee is paid, sales rarely take place and, where they do, it is often at a selling price that barely covers the fees.
Timeshare sellers may also try to persuade you to buy another property, saying that they will sell your current property. Often, these sales never happen and you may be left with two timeshares!
3. Contract cancellation: holiday clubs
If you have already signed up to a holiday club and want to cancel, check the terms of your contract carefully and request cancellation immediately.
If you are not sure whether you are covered by the new 14-day contract cancellation period for timeshare, get in touch with us.