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Hello, this is Jim and welcome to JustAnswer. I will be the lawyer working with you today.Sorry to hear of the issue. I will set out my written answer shortly.
I am not sure if you were cold-called by the company you have paid. The legitimate companies do not do this, nor do they ask for large up front fees. You paid yesterday so you should have a an automatic 14 day cooling off period - you should ask them to cancel and refund you. If they refuse, ask why when under UK and EU law, there is an automatic cooling off period if you pay at a distance (online or by phone, etc). You should ask your bank if they can charge back the funds. You should not pay the balance by 8th May in my view.
Many others are in the same situation - there are a lot of mis-sold timeshares around and they charge exorbitant fees to exit. Ideally, a law firm who specialises in timeshare claims should be instructed to stand the best chance of getting out of this at no cost. I am not sure if you were subject to pressure-selling, though these companies usually do this - they invite you to a lengthy meeting and they tempt you to pay a large up front fee - typical sales tactics. If the timeshare was not mis-sold then you may be bound to the terms and conditions meaning an exit fee is payable if you terminate.
JustAnswer cannot act for you as this is an internet forum, not a law firm, but any of the following should be able to assist you on a no win no fee agreement (nothing to pay up front) :
I hope this helps and answers the question - my goal is to ensure you are happy with the answer and have the information you need. If you have any follow up questions then please let me know. I will reply as soon as I can to help with any further queries.
Please let me know if the answer helped or if you need me to cover anything else?. I am happy to clarify the answer or if you have any follow up questions. If so, I’d be grateful if you would let me know. I am free most days, including weekends, so feel free to ask me anything you are unsure of.
Thanks, ***** ***** be considered to be personal property and therefore it will form part of your estate, meaning your children would inherit.
As it is a "deeded interest", therefore would form part of your estate
No, a full refund must be given. Quite how they arrive at £1600 for an admin fee is beyond me. I am not sure why they said that regarding the statement either. If they refuse to cancel - ask your bank to charge back the funds - they can do this as long as you are under 120 days from when you paid.
I would give it a week though if you use one of those law firms I mentioned, they could contact them for you.
I think it's a ploy to scare you in to staying with them and paying the balance.
Thanks, ***** ***** do that.