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The ghost of Christmas past: has your timeshare become a festive nightmare?

The ghost of Christmas past: has your timeshare become a festive nightmare?
  • Timeshare owners facing maintenance bills of up to £10k over Christmas
  • Timeshare Compensation supporting owners to identify legal grounds for a claim
  • Supreme court giving hope to many owners trapped by the ghost of Christmas past

The run up to Christmas should be a joyous time. From the scent of gingerbread and pine needles in the air to the flap of the letterbox as Christmas cards from family and friends drop onto the doormat, it’s a time that those ‘from one to 92′ can cherish.

However, for many timeshare owners, that flap of the letterbox can be a much more worrying sound. In late November and early December, many timeshare companies send out their annual maintenance bills. In some circumstances, these bills can total up to £10,000, with payment due over the Christmas period. That’s just the sort of thing that can cast a shadow over the entire festive season.

Even a maintenance bill of half that amount can weigh heavily on timeshare owners’ minds and ruin Christmas, but there could be light at the end of the tunnel, according to timeshare industry specialists Timeshare Compensation, as they explain,

“An increasing number of timeshare owners are managing to escape the shackles of timeshares that they no longer want. Many are also being awarded compensation as a result of recent rulings by the courts, which deem certain timeshare contracts to be illegal.

“We would encourage anyone who owns a timeshare – whether they’re facing a vast maintenance bill or not – to check the legality of their contract using a professional service such as Timeshare Compensation. The industry has been shaken up significantly recently and everyone who owns a timeshare really should get their contract looked over by legal professionals.”

Timeshare compensation can include contract compensation (resulting from an illegal sale), finance compensation (for those who paid money during the cooling off period or paid be credit card or finance) and performance compensation (where promises about an ‘investment’ timeshare’s performance never materialised). All three are potential routes for families to free themselves from the burden of owning an unwanted timeshare.

As Timeshare Compensation points out,

“It costs nothing to double check whether you’re entitled to compensation on your timeshare, but the rewards of doing so could be significant. A quick email or phone call could make all the difference between a black cloud hanging over Christmas or a silver lining sparkling in the festive candle light.”

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