Time for a reality check: how to legally exit a timeshare in the UK

2020 has turned life upside down. Financial markets crashed, millions lost their jobs, countries went into lockdown and travel bans were imposed. For most people, the priority has been staying safe and protecting their finances — not planning holidays.

Many travellers who had holidays booked in 2020 saw trips cancelled and received refunds for flights and hotels. Many timeshare owners weren’t so fortunate, with some being told that the maintenance fees they paid upfront for 2020 would not be refunded.

For a short window, the UK introduced an air bridge to Spain and some holidaymakers took the chance to book cut-price breaks. It didn’t last. Tens of thousands were later told they would need to quarantine on their return to the UK — creating knock-on disruption for anyone needing to get back to work.

Looking back, many will have wished they’d stayed at home. Travelling meant hours navigating airports and flights in a face mask, and for those heading to Spain, discovering that masks were mandatory in many settings. It wasn’t the holiday experience most people expected — or wanted.

The impact of COVID-19 has been profound and its effects will be felt for years. Travel is one of the industries likely to remain disrupted, with countries cautious about further damage to public health and their economies as a result of imported cases.

Nobody enjoys making sacrifices, especially giving up a break away. But these are unusual times — and it’s time for a reality check, particularly for timeshare owners tied to mandatory, often non-refundable maintenance fees.

• Will many holidaymakers want to put up with chaotic and uncomfortable travel conditions? NO
• Will many take the risk of being required to quarantine when re-entering the UK? NO
• When will travel return to normal? WHO KNOWS
• Will most timeshare owners lose their 2020 occupancy? YES
• Have most timeshare owners been refunded 2020 maintenance fees? NO
• Will timeshare resorts bill for next year’s maintenance fees? MOST CERTAINLY YES
• Will travel return to normal next year? MOST LIKELY NOT
• Even if it did, will timeshare resorts be able to fulfil bookings for those 2020 lost holidays in 2021? MOST CERTAINLY NOT
• Will hotel prices drop next year and offer great value for those able to travel? MOST CERTAINLY YES
• Does it still make sense to own a timeshare during a period of such uncertainty — while paying mandatory, non-refundable maintenance fees whether you can use it or not?

READY TO SAY GOODBYE TO YOUR TIMESHARE? CONTACT THE TIMESHARE ADVICE CENTRE FOR TIMESHARE EXIT ADVICE AND TO FIND OUT HOW YOU MAY BE ABLE TO LEGALLY EXIT YOUR TIMESHARE — AND IN MANY CASES CLAIM BACK THOUSANDS OF POUNDS, JUST AS WE’VE ALREADY HELPED HUNDREDS OF OWNERS TO DO.

Click the link below to find out your options.

https://timeshareadvicecentre.co.uk/find-out-your-options/