Skip to content
Time to break free if you want to avoid 2023 charges
Time to break free if you want to avoid 2023 charges

Press release -

Timeshare owners scramble to escape before 2023 maintenance payment demands

Timeshare owners are legally committed to paying expensive annual fees for their memberships, whether they use them or not. It is possible to escape with expert help. But for those people wanting to avoid the looming 2023 annual fees, time is running out...

Annual fees?

To explain the timeshare trap to non owners, consider the following analogy: Imagine if you went to a hair salon, and they offered you a 'haircut club membership deal' whereby you pay ten or twenty thousand pounds to commit to using their salon for a fixed number of years or decades.

As well as paying this huge lump sum, you also have to pay for each haircut (at regular or sometimes more expensive prices). If you choose to get a haircut elsewhere, you still have to pay for the haircuts from your 'haircut club'. If you decide to grow your hair and don't want a haircut for a while, tough: you still have to pay.

Standards and prices

To squeeze even more mileage out of the analogy: the aforementioned 'haircut club' can put it's prices up whenever they want, and you are legally bound to pay.

They can also drop standards, and use lower quality/less experienced hairdressers. They can decide not to upgrade the décor and equipment over time. You might end up hating the salon and take all your haircuts elsewhere. Maybe the salon can never fit you in for an appointment because they are overbooked (by other members or even people who are not club members).

It doesn't matter. You still have to keep paying.

You'd be pretty annoyed.

Regret

Timeshare owners are pretty annoyed. For decades they have been targeted and sold illegal contracts. They have paid huge amounts of money for substantially nothing at all.

They pay the same as other guests (who never paid a joining fee and instead book online through sites such as Booking.com) to holiday at their 'exclusive' resorts

Members are disappointed with lowering standards and are looking for a way out.

Timeshare companies lock their victims in tight. They aggressively targeted holidaymakers in the 80s, 90s and early part of the 21st century. They serenaded these prospects with beaches and sun-kissed pools, and assured them they deserved this luxury before coaxing them to sign up on the same day.

Later, around 85% of timeshare owners regreted their decision but believed there was no way out.

Timeshare exodus

Expert claims firms can generally help timeshare owners escape unwanted contracts. Most owners are vaguely aware of this, but thanks to timeshare industry propaganda designed to scare people off from exiting their resorts, caution prevents some from doing so.

Once members do find a company they can trust to safely relinquish their ownership, it becomes a race to get out before another expensive annual fee is due.

Act now to avoid 2023 maintenance fees

"It takes an average of two to three months to relinquish a timeshare contract," explains Andrew Cooper, CEO of European Consumer Claims. "Sometimes it takes longer and sometimes its even quicker than two months. But for the majority of current timeshare owners, maintenance bills will be issued in a few months time. So now is the time to get out if you want to avoid being stung for yet another year's maintenance.

"A significant number of timeshare owners' contracts are actually illegal," says Cooper. "When this proves to be the case, the owner is legally owed compensation from their resort as well as having a proven avenue to relinquish their contract.

"The important thing is to talk it over with experts. Anyone who wants to explore options regarding their timeshare membership can get in touch with our team at ECC for a free, confidential consultation."



Related links

Topics

Categories

Regions


ECC provides timeshare claims services, expert advice and help

E: (for media enquiries): mark.jobling@ecc-eu.com

E: (for client enquiries) EUROPE: info@ecc-eu.com  USA:info@americanconsumerclaims.com

T: EUROPE: +44800 6101 512 / +44 203 6704 616.  USA: 1-877 796 2010

Monday to Friday: UK timings: 9am-8pm. Saturday/Sunday closed.  USA 9am -8pm EST.  Sunday closed

Follow European Consumer Claims on Facebook here

Follow European Consumer Claims on Twitter here

Follow European Consumer Claims on LinkedIn here

Follow European Consumer Claims on Medium here

Follow European Consumer Claims on YouTube here

Follow European Consumer Claims on Newsdesk here

Follow Andrew Cooper (CEO of European Consumer Claims) on Twitter here

Andrew Cooper background article can be read here

Relevant websites for this article

www.m1legal.com

www.timeshareadvicecentre.co.uk

www.timeshare.lawyer

www.ecc-eu.com

Contacts

Mark Jobling

Press contact Communications Director Communication +442039962044 European Consumer Claims
Media Content Panel
Freedom
Freedom
License:
Media Use
File format:
.jpg
Size:
2000 x 1149, 3.14 MB
Download
Media Content Panel
New ECC corporate video pic
New ECC corporate video pic
License:
Media Use
File format:
.jpg
Size:
2048 x 1120, 354 KB
Download
Media Content Panel
Who are European Consumer Claims?
Play video
Who are European Consumer Claims?
License:
Media Use
File format:
.mp4
Length:
1:27
Download

Related content

That time of year again for timeshare owners

The timeshare availability problem

Timeshare resorts' lack of availability is always high on members' complaints lists. In summer holidays it gets worse...

Timeshare owners are stuck paying increased holiday costs

(VIDEO) Skyrocketing Spanish holiday costs leave timeshare owners out in the cold

A recent Reuters article revealed an eye watering 36% year on year increase in average hotel rates in Spain from April this year. These rises are quoted as being in response to the increase in energy costs and other inflation. Experts believe that means a certainty in similar surges for timeshare costs.

Video.  Spanish timeshare compensation claims explained

Spanish timeshare compensation claims explained (video)

Timeshare owners regularly receive calls from companies saying they are entitled to a hefty compensation payout. The caller wants to help, but for a fee. What's the real story? Industry expert Jack Dawson sheds some light:

European Consumer Claims (ECC) are the UK, US & Europe’s leading consumer claims specialists

ECC have helped thousands of consumers from across the UK to release themselves from unwanted holiday ownerships all over the world, and to recover money where possible.

We have expert holiday ownership release & claims consultants operating from our global network of offices throughout the UK, USA and Europe.

Our mission is to help holiday ownership owners who wish to rid themselves of unwanted holiday park or timeshare ownerships (and the associated long-term fee commitments) and to recover monies wherever possible.

European Consumer Claims (ECC)

The Old Boathouse, 26 Thameside,
Henley-on-Thames, Oxfordshire, RG9 2LJ,
UK