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Jo C.
Jo C., Barrister
Category: Law
Satisfied Customers: 70101
Experience:  Over 5 years in practice
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Is it possible to get out of a time share?

Customer Question

Is it possible to get out of a time share?
Submitted: 3 years ago.
Category: Law
Expert:  Jo C. replied 3 years ago.

Thank you for your question. My name is XXXXX XXXXX I will try to help with this.

-Could you explain your situation a little more?

Customer: replied 3 years ago.

Hi Jo C

Well a couple of years ago when abroad with my then boyfriend (now Husband) we fell for the con of a time share, which was made to sound good to us by becoming a member of Interval International. (which benefits sounded really good).


We got a bank loan organized by them for £8000.00 and have to pay a management fee of £379.00 a year to the resort. On top of that a members fee of £74 a year to Interval International.


We went to the time share property once and it was a complete dump and have never been back. Now our membership with Interval has run out and if we don't reinstate we will loose our banked weeks.


To be honest we are so sick of it all we would be happy to take the loss if legally we could just get out of paying the £379 a year.


The company that sold it to us was called Calsc Investments Ltd

Thanks You Sam.

Expert:  Jo C. replied 3 years ago.

How long ago was this please?
Customer: replied 3 years ago.

"for Jo C"



It was 3 years ago.

September 2010.


We have paid the management and Interval fee's but times are hard for us now and we don't want to continue paying for something that we will not use.


Thanks Sam

Expert:  Jo C. replied 3 years ago.
Thank you.

The short answer is that there are lots of new timeshare rules but they come into force after the time that this contract was signed. In any event, the cooling off periods would have expired now.

There are really only three routes of escape from timeshare for older contracts.

The first is to sell to another consumer. That does actually happen sometimes. However, demand is at an all time low basically because they are really just debts. You can always try an honest resale broker. Its now an offence for a broker to take any money from a seller until the sale has been completed.

The second is to hand the ownership back to the resort of the club. A small number of resorts will not offer their owners the right to terminate ownership at no cost or a small one. Commonly this is called an exit programme but that is not going to assist you here.

The third – and this seems the most popular – is simply to walk away and refuse to pay the annual fees. This is actually a surprisingly effective method although it is not painless. Generally the timeshare company will threaten to take defaulters to court. For the most part they do not. Sometimes when they do some owners have defended claims on the basis that there was a misrepresentation at the point of sale. Also it can be argued that the original contract is null and void as its outside of the jurisdiction. There is, however, a risk you would have to go to court over this.

Sorry this is probably not the answer you wanted but it is the position that you face and I have a duty to advise you truthfully.

Hope this helps. Please let me know if you need more information.

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