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How does my Mum get out of her Timeshare Points scheme?

28 replies

StarlightMcKenzie · 08/01/2013 14:02

She and my dad were mis-sold points but shortly after my dad got terminally ill and passed away about a year later.

Now my mum is left with holidays she doesn't want but more devastatingly, out of control escalating maintenance and management fees. The company won't buy them back, and won't even take them back for free to release my mum from the contract.

Every time she contacts them they just try to sell her more with promises that if she buys more they 'might' allow her out in 15 years or so.

Also, she has 47 years on her contract which she believed would end on her death but with her children inheriting the holiday points. It turns out that her children will also inherit the obligation to continue with the fees until term, which can be refused only upon forfeiting any claim to the estate.

Any ideas?

OP posts:
gcoy · 25/07/2018 13:55

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BogstandardBelle · 26/07/2018 15:11

My PIL got sucked into one of these schemes too: they didn’t really understand the implications of the perpetuity clause and - like your mum - at the time they thought we or DSis would want to use the weeks / points - which we really, really don’t. Their company has been subjected to a lot of negative press and consumer pressure and as a result they are now allowed to buy themselves out of the scheme, It’s only available every two years and costs a fucking fortune when you consider how much the company had already had from Them. I’m so angry on their Behalf big I’m trying not to get too involved as they feel quite embarrassed at signing up to it in the first place.

Viking123 · 10/07/2020 10:51

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