​Be aware of timeshare scams

With the holiday season upon us, residents are being advised to be extremely vigilant before signing up to a timeshare deal.

Trading standards urge people to take their time and consider all the options to reduce the risk of being scammed.

This applies not only when holidaying abroad, which many people will be familiar with, but also when staying at home, especially the sale of lodges.

Consumers are reminded to take advice before entering into agreements or contracts to buy a timeshare, resell a timeshare contract or buy percentage shares in companies offering holiday accommodation.

More than 800 complaints about timeshare sales and holiday club businesses were received by trading standards nationally in the last year.

Angela Lomax, Bury’s head of trading standards and licensing, said: “No matter how persuasive the agent is, or how enticing the offer may seem, or what gifts you’ve received or the resort you’ve spent the day at, tread carefully and take your time when making important decisions.

“Never sign anything on the spot. Get together all the information and take it home to read with more care.

“Always remember that if it appears too good to be true, it probably is.”

Anyone with concerns can call Citizens Advice on 03454 04 05 06 or the Action Fraud Contact Centre on 0300 123 2050.

ENDS

Press release issued: 23 July 2018.