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Timeshare Disposal

Take a look at the "Tonight" show on ITV on Friday 16th January at itv.com/itvplayer for more information.

Want to get rid of Your Timeshare PLUS the Annual Maintenance Fees?

Get the full information on how to do it quickly & easily.  

This information is for people who want to end their ownership of Timeshare.

It is not for people who want to sell their Timeshare.

You will not receive any payment for your Timeshare. 

The Information has a full Money Back Guarantee if it does not work for you.

If you order this information and you do not receive it within 5 days

of making payment please Email me and let me know.

PLEASE DO NOT leave Negative Feedback. I Post everything paid for.

I DO NOT DELIVER ANYTHING MYSELF I rely on The Post Office

If you work in the Timeshare Industry PLEASE do not order this information just so you can leave

Negative Feedback for some stupid reason so as to put genuine Timeshare Owners off ordering

what may be their only salvation. Have a heart!

Timeshare is in itself is a great idea, if you can’t afford to buy an apartment outright or don’t want the hassle and responsibility of having an empty apartment with the fear of what may happen to it while you are not using it.

If it was your own apartment you have to insure it, furnish it and maintain it. You could very easily spend half your holiday sorting out small problems, painting, finding plumbers, electricians, roofers and builders etc before you even start to enjoy your 1 week or 2 weeks of a so called holiday.

If it was your own apartment and you wanted to rent it then the stresses and strains of what is involved could really cause you a great deal of anxiety.

Not all those that rent will demonstrate the care for someone else’s property as you would do. Accidents do happen of course but in 9 times out of 10 you would finish up paying for what is not your doing. Sure you can ask for a deposit but then you need an agent or representative near to where your property is to inspect it so you can issue a refund.

Then there would be the added burden of ensuring the property was clean with laundered sheets and towels etc etc. These services all need paying for which dilutes your income but increases the stress, that is of course if you can people to rent it in the first place.

There are so many people who now own a holiday home with the idea of getting a rental income that the market is now flooded and rental values have come tumbling down and in most cases is no longer a viable proposition.

Timeshare WAS just the solution. Usually, a week or two weeks for you and you family to use at a certain time of year or to exchange in another part of the world via an exchange company, so you weren’t forced to go back to the same place every year.

The Club or Resort where you bought your Timeshare then had all the hassle of keeping things looking nice and in tip top condition for what was to have been a relatively small maintenance charge.

What I found was that the exchange company that I was with wanted an annual membership fee which seemed to go up every year. The exchanges whilst very good in the early years have not been available for the last few years or if they were not when or where I wanted to go.

The cost of my exchange fees also seemed to go up every year.

My exchange company then came up with the solution, after paying out even more money, I could join their Points system. Of course there was a further annual charge for these Points PLUS the annul maintenance fee for my weeks.

This was supposed to have given me more flexibility, more places to go, easier and simple to use and get apartments all over the world with the added benefit that I could use my Points for weekend breaks, car hire, flights and even Disney Tickets etc. I’m sure you will know exactly what I mean.

The problem is of course that all though the Constitution of the Club where I own stated that “maintenance fees will not rise more than the annual rate of inflation” the Committee “that represents my interests” can actually do what they want and the original small maintenance fees have now risen to £505 per year for 2009 plus now applying “an ongoing annual levy” of around £100 per week making it over £600 in total per year per week I own.

This year they now want me to pay earlier than ever before. If I pay after after 1st November for 2010 they want £618.80 per week PLUS just like last year another £202 per week in Additional Management Charge thats a hefty £820 per week. Now come on lets be realistic here, a five star hotel all inclusive for 2 weeks is far less than that and that includes the flight. Its simply getting stupid what these management companies are demanding that works out at over £117 per night plus if you want to exchange it add another £50 + fee for membership and another £79 booking fee.

But as I was told by one of the "Committee" where I own, we the owners can only blame ourselves, overall we do not get involved with the running of the Committee and do not attend AGM's we simply accept what the "Committee" do on our behalf, and all we are bothered about is our 2 weeks holiday. Thats me in a nutshell!

Being honest that all I wanted to buy the timeshare for in the first place, a nice resort, a few weeks so called luxury and no hassle.

No one can convince me that compared to the best hotels in the world that my Timeshare was value for mony. For example, take The Hilton Hotel, would each room cost £41,000 per year to maintain (50 weeks X £820) and provide the facilities for the entire hotel to keep each room maintained while making a huge profit for the Company and its shareholders?

The Madrid Hilton can be booked for £480 per week for 2 people in September 2009 bed and breakfast. That’s £340 per week less than something I have already bought and paid for, plus we would get breakfast included!

And that’s without adding the annual membership fees I have to pay my exchange company PLUS a £79 booking fee on top!

I know given the opportunity where my wife would rather stay – The Hilton, and not some Timeshare and all the hassle involved to book it.

I can’t exchange my Points or Weeks to get to the places where and when I want to go, despite all their promises.

As for using Points for flights (this is absolutley true by the way) to fly to Malaga in Sept. 2008 for 2 of us I would have to save my points for 3 years 176,000 points PLUS pay £258 extra in cash for the taxes, fuel surcharges and booking fee.

So to break it down:-

3 years maintenance fees to pay, 2 Timeshare weeks per year for 2010 at £820 per week per year is 6 weeks X £820 = £4,920 + £258 in cash for the taxes etc PLUS membership of the exchange company for 3 years of £432 is a grand total of £5,610 to lay out for 2 return flights to Malaga from Manchester.

Now come on, 2 tickets to New York with British Airways in Business Class would probably be less.

The actual cost I paid for the flights including taxes and fuel surcharge was £428 with Monarch, not the cheapest airline around either. This year, for August 2009 I have paid £246 return for 2 people Manchester - Malaga with 20 kg of luggage each.

That’s just not what I call value for money in any shape of form! Would anybody in their right mind actually pay £5,610 for 2 return flights to Malaga?? Of course not!

This year when I enquired with my Exchange Compnay to get a comparison they told me that Points can no longer be used for flights, so the whole affair and the money I paid to get into the points system was really a scam of getting me to part with even more money.

It now simply costs too much money to use or exchange my Timeshare weeks. I can rent a fantastic apartment for much less than a quater of my maintenance fees in late September and without being tied for the next 65 years.

I tried to sell my weeks in the local paper and on eBay. Every week for 5 weeks I reduced the price. Although I had plenty of visits no one actually bid. My reserve on eBay was £1 and I still could not sell them!!

In September 08 while I was staying at my Timeshare resort I went to see if I could trade my Blue weeks and upgrade to 1 Red week and pay for the privilege. They just did not want them.

What they actually offered was to take my Blue weeks and me pay them another £2,500 so I could join yet another scheme which would allow me to pay £99 in Europe or £159 outside of Europe to rent an apartment for a week plus also “get the benefit of another 15,000 points” which would cost me another £144 in maintenance fees.

The ironic thing about this scheme is that the weeks they were offering for £99 or £159 were all bonus weeks that I could get for the same price already; as I am already a member of the same exchange company, but as they said “it would have taken my costly annual maintenance fees away and saved me money in the long term”

They must have thought I was stupid to fall for that one. Believe me though there were over 20 sales staff available, the coffee was flowing freely and there were a few Champagne corks popping while I was there for 2½ hours.

By the way, the corks popping meant “another happy customer had just joined the scheme”  

What’s worse is that most of the people in the room were “walk ins” These were people who did not know about or had no Timeshare who were paying a MINIMUM of £5,000 to be able to rent weeks at either £99 or £159 per week!

Amazing, but very very true!

Bonus weeks are weeks that are available that no one wants or very late bankings where you need to travel within 2 or 3 weeks.

Whist in Spain I saw 3 Timeshare Resale Companies with a view of them selling my weeks. My weeks are Blue Weeks. After half an hour it was obvious what I had been sold as “a top class investment” was just the opposite. Had I bought Bradford & Bingley shares near their peak at £4 per share and sold at the bottom at 18p per share I would have lost a lot less money on my investment compared to Timeshare.

People just like me are physically trying to give their Timeshare Weeks away for FREE.

The maintenance fees are just so high that other people just do not want them, even for free.

A further blow and insult is that for £300 per week for 2 people I can stay at the same place as I own at and get breakfast included that I have paid for part ownership and they want £600 per week from me in maintenance alone and without any breakfast!

HOWEVER. After doing a huge amount of research I now know how anyone can dispose of Timeshare Weeks they don't want, I can say goodbye to my escalating maintenance fees and start staying at the Hilton when and where I want.

I am willing to pass on this information to you for just £5

I will post to you using 1st Class Post exactly how you can do this and rid yourself of the burden of Timeshare and those nasty annual maintenance fees forever.

There are plenty of websites & TV adverts which offer to sell your Timeshare weeks, most of them want a fee up front and give you big promises of a fast sale with a good selling price, but don't hold your breath. Be honest with yourself, if you were selling your house would you really pay your estate agent the 1% - 2% fees upfront before you got a sale? No you wouldn't. Timeshare is no different to a house, why would anyone pay an estate agent upfront?

Timeshare is property and you must know what is happening to property at the moment, its not selling, Timeshare is no different AND we have a recession looming so unless there are a lot of rich people out there Timeshare is a poor relative to real bricks and mortar. But there again the very rich wouldn't be buying Timeshare, they will be snapping up Villas and Apartments in Europe and the USA at 1990 prices!

There are also plenty of websites and newspaper adverts that will lead you to believe that they will take your weeks off you BUT you have to pay a large upfront fee for using their system to book flights, apartments or villas etc. which you can do yourself very easily on line, with a lot more choice and the dates when you want to travel.

DO NOT BE TEMPTED BY THESE

NEWSPAPER ADVERTS OR WEBSITES

DO NOT BE TEMPTED BY THE T.V. ADVERTS CLAIMING THEY WILL SELL YOUR TIMESHARE

REMEMBER - ALL THE TIME YOU ARE TRYING TO SELL YOUR TIMESHARE

YOUR MAINTENANCE FEES WILL STILL HAVE TO BE PAID

Please, don’t take my word for it please visit the Citizens Advice Bureau website for honest information about Timeshare.

Below is information and tips from their site to help you. PLEASE READ IT

From The Citizens Advice Bureau:-

To mark European Consumer Day on 15th March, Citizens Advice European Consumer Centre has issued a set of tips on how to stop the sale of your timeshare becoming a nightmare.

European regulations have done a great deal to help people who have been stung by unscrupulous timeshare salespeople. However more and more people are finding that the re-sale of their timeshare is an area fraught with difficulties, and subject to unscrupulous con-artists. Fees can get ‘lost’ in a network of company aliases, and people are all-too-frequently ripped-off by fly-by-night operators. Here is a typical experience from one Citizens Advice European Consumer Centre client:

A man with a timeshare in Spain was contacted by a woman claiming to be from a Tenerife-based timeshare operator. She said she had a client who wanted a timeshare in the same area, but that the local resort had over-sold and the client had missed out. She asked if he might be interested in selling his timeshare. After several telephone conversations, the woman requested a fee of €2,500 (£1,800), which the man paid. He has been unable to make contact with the woman since.

Ruth Bamford, head of the Citizens Advice European Consumer Centre, said:

“Timeshares and timeshare-like schemes were responsible for almost a third of all enquiries to Citizens Advice European Consumer Centre last year – and we’re not expecting that figure to drop this year"

“Often, people who have been stung think the best thing to do with their timeshare is to just get rid of it. But re-sales can cause a whole new area of problems for people, with scammers waiting in the wings to take your money. And some of the scams used are so sophisticated and contrived that it’s not a surprise that people fall victim"

“If you are worried about timeshare or holiday club deals you have signed-up for in another EU country, you can get advice on what to do by contacting the Citizens Advice European Consumer Centre at" www.euroconsumer.org.uk”

Top tips:

1.If you’re offered a deal on selling your timeshare which sounds too good to be true - it probably is.

2.Don’t pay money to a re-sales company up-front. If the company is legitimate and is really going to sell your timeshare, they can take any commission or fees from the final bill once the sale is completed. If a company asks for money up-front, ask yourself why they need to do this.

3.Be suspicious of the ‘hard sell’, and beware of being worn down by hours of sales talk. Remember – if it really is this good, why do they have to make such an effort?

4.Take care if you are thinking of exchanging your existing timeshare for an alternative package. Laws relating to timeshare deals are very specific in what they do and don’t cover. The last thing you want to do is swap a package, which carries consumer protection for one that falls through a loophole in the law. You’ll just end up with something even more difficult to get rid of, if you can.

5.Make sure you know who you are selling your timeshare to. Companies in this business often hide behind a whole list of aliases and subsidiaries - which can be difficult to see through if things go wrong. Get the full trading name of the company, as well as a Companies House registered number. You can check these out at www.companieshouse.gov.uk

6.If you were selling your house, would you get a professional to have a look at the contract? Of course you would. The same should be true if you are selling a timeshare; and any company that refuses to let professionals look at its contracts should be avoided.

7.Remember the saying - a verbal contract isn’t worth the paper it’s written on. A salesman can promise you the world, but if you haven’t got in down in black and white, you’re unlikely to be able to get it to stand-up later.

8.Freebies are the name of the game when it comes to timeshare. Free sparkling wine; free holidays; free lunches. But, in reality, there is no such thing as a free lunch. Often you’ll be expected to sign up to buy something, or pay an ‘administration fee’ to get your ‘freebie’.

9.Don’t let them have your debit card, credit card or bank details. They might use it to take your money straight away, even if they say they won’t. And if you pay now, you may not get your money back even if the law is on your side.

Note: Citizens Advice European Consumer Centre advised people on 776 cross-border consumer problems during 2004, of which 221 (29%) related to timeshare or holiday clubs, including re-sales. So far in 2005, 24% of cases have related to timeshare or holiday clubs, including re-sales. These are the latest figures available.