Cancel Timeshare in 2024: British Consumer Guide
posted 24th January 2024
Cancelling your timeshare contract is relatively straightforward despite the many horror stories flouted by cold callers and unregulated timeshare exit companies.
There is a lot of misleading advice on the internet, which often gives the impression that getting out of your timeshare is an expensive and challenging process. For 99% of timeshare owners, cancelling their timeshare contract and maintenance fees is a way of saving money and getting out of an ongoing commitment that doesn't provide value for money. Our below guide shows you the most inexpensive and safest way to release yourself from your timeshare.
1. Contact your Timeshare Company Directly.
Depending on who you own your timeshare with, they may offer to release you from your timeshare contract for free. This offer is usually subject to your maintenance fees being up to date and your membership fully paid for. It's worth taking into consideration that signing back your timeshare to your resort may affect your chances of a compensation payment. If you would like to check if you qualify for compensation before handing back your timeshare to your resort, get in touch. One of our advisors will check your eligibility for free and advise you accordingly; for owners who do not qualify for compensation, giving back your timeshare to your resort for free is your best option.
2. Make a Compensation Claim.
Many of our clients were sold timeshare agreements that are either unlawful or don't provide the services they expected. As such, our qualified claims clients can skip paying to exit their timeshare contracts. As part of a successful claim settlement, the timeshare ownerships and maintenance fee debts are also cancelled. This is another reason why paying upfront fees to exit your timeshare is unnecessary and, in many cases, fraudulent. We are fully authorised and regulated by the FCA, as such, we do not charge any upfront fees to timeshare owners that wish to make a claim or exit their timeshare.
3. Legally Exit your Timeshare Ownership.
Over the last ten years, we have successfully cancelled thousands of timeshare ownerships. Timeshare law is a niche area in which we excel. Our experience in this field and complete confidence in our ability to complete the necessary work to bring about a successful outcome for our clients means that we do not require the payment of any upfront fees. Our low-cost timeshare termination process is risk-free and proven over many years.
4. Contact Us.
Our advice and guidance is completely free. You can contact us by phone or by filling in a call back form on our website. In 2023 we claimed back hundreds of thousands of pounds for victims of timeshare exit and claims fraud. If you unsure about a company that you have already done business with or a company that you have already spoken with, contact us. A quick phone to us could be the difference in losing or gaining thousands of pounds.
