Timeshares

[Dodi]

I am looking for some advice on my obligations to maitenance charges with a timeshare. I have had a timeshare in Tenerife for nearly 7 years now and the cost of maitenence no longer make this viable for us. I have refused to pay for this years maitenance which the management company has told me that I am not entitled to use it this year and they will look to rent it out and keep all proceeds. I understand this and have no issues at all with them doing this. However, my wife has recently received a call from the maintenence company informing her that if we do not pay the maintenence charge for next year then we will forfeit the timeshare for good and it will go back into their posession. Quite frankly the way I feel this does not worry me too much but on the other hand it annoys me that they can do this. If anyone has any ideas then it would be appreciated

[mustang67]

The usual timeshare con,which I have fallen foul of. They did carry out their threat to cancel my agreement when I did not pay maintenance for two years. There is a Website were you might be able to get some help and advice

www.timeshare.org.uk

 

You can also phone them and speak to someone who knows what they are talking about.

 

I bit the bullet because it was cheaper to get an ordinary holiday for the price of maintenance.

 

Be wary of adverts that state they will buy your timeshare of you. A lot of them will ask for money up front. Others will tie you into a holiday club of their own. Good Luck:)

[mustang67]

Scroll down page to Club La Costa- sound or con.