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Does the contract say anything about termination please?
I, m not sure we have lots of paperwork both from Harlequinn Properties and Regal
Ok - you need to check.
But in my experience it is bad news
This is because generally the paperwork does not guarantee they will dispose of the timeshare for you.
There are a lot of people who have timeshare with Regal and are unable to dispose of them
But the paperwork must say they guarantee and not just that they will 'try'
Timeshare payments are due until you are released.
Until you are released you are liable and generally are liable for life.
This scheme to acquire them is not covered by Timeshare Regulations so there is no cooling off period
The fact fact of the matter is that you are liable for all the fees until you either get out of the contract (which is very unlikely) or you die
These are contracts for life
I am sorry as I know this is not the answer you want and certainly not the one I want to give you, but I have a duty to be honest
We are asked similar questions on this site by people in the same position and I am sorry to say the answer is the same
You are liable sadly for life
Can I clarify anything for you about this today please?
They do not use the word guarantee just that they will do as said in my previous e-mail...what about the property with Harlequinn, they have taken a £55.000 deposit from us for a property that has not been built
Potentially you have a claim for that, but you would need to issue proceedings in that case.
You may not get legal aid and have to pay for a Solicitor, but if you do win, you could claim your costs back.
You would of course need to check the agreement and see where the disputes are to be resolved, it may be in the country of origin, or here in the UK
On that basis you could potentially sue for breach of contract.
That way you could get your money back from that, if there is no property and it has not been started.
Can I clarify anything?
so is your advice to go to a solicitor then....we have very little money and would struggle to pay
Yes I understand. You may be entitled to legal aid but there were cuts last year.
Can I help with anything else, or is there anything else you want to know?
should we go for 'no win no fee
You can try but Solicitors are not always keen on these.
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