Considering buying a timeshare – Read on
Buying anything in life should involve an element of research. From a £100 mobile phone to a £6,000 flat screen TV, it pays to look at both the product, a market comparison and customer reviews, that way we all get a better understanding of whether we are about to make a mistake, or be 100% […]
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Welcome to the official timeshare registry that doesn’t exist!
As many of our recent articles have pointed out, scammers are referring to a fictitious register of timeshare owners which we say categorically doesn’t exist. As these scammers are getting more and more sophisticated, to stop organisations such as the TCA telling the truth, they have invented the register and made it public, well sort […]
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Is the UK timeshare industry on its knees?
Regular visitors will know that for some time we have been reporting that, with the exception of the USA, the sales of new timeshare are at some of the lowest levels recorded. Europe as whole has a contracting timeshare market; back in November 2017 we reported that Diamond Resorts were closing their entire European sales […]
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The sinking fund – Timeshare developers new way to make money?
As those who own timeshare will know that around this time of year the timeshare developers deliver their invoices for next year’s maintenance fees. Contained in a number of these bills we have seen is a monetary amount designated “sinking fund”. Before we go any further we thought it would be a good idea to […]
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Timeshare – The licence to lie
Regular readers will be aware of the term used above “the licence to lie”. In short the phrase comes from the intransigence of timeshare developers to police the sales techniques and verbal representations used by their sales staff. Whilst we say that developers don’t “police” their sales staff, in virtually all cases they are completely […]
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Silverpoint – Investigations carry on
Before we look at the investigations surrounding Silverpoint it would be good to go back in time and catalogue how the current position came about. Originally a sales company was established under the name of Resort Properties. Sales by this company mostly comprised timeshare in Beverly Hills Club, Hollywood Mirage Club, Beverly Hills Heights Club, […]
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Timeshare USA – The perpetuity clause
What is the perpetuity clause? First we need to define perpetuity: According to explanation 2, indefinitely, eternity, wow that’s a long time! To our knowledge, timeshare globally is still being sold with a perpetuity clause in the contract, that is with the exception of Spain who outlawed perpetuity in January 1999. In Spain the maximum […]
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Timeshare – Selling Dreams
Each day, every day there is a massive global industry selling us dreams, be it cosmetic companies, car companies they all attempt to sell us a dream. The Walt Disney studios have been selling dreams for years. The film industry is so good at lifting us from reality and popping us down in a world […]
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Timeshare resales – Good or bad?
There is a certainty that if you are considering buying a timeshare then the resale market is the place to look. Many developers will put reasons as to why buying direct from them has advantages, inferring that buying second hand has disadvantages. In a number of cases this is true, however because of the enormous […]
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Buying a timeshare begins with you
Our recently published 2 part article made the very bold statement that timeshare fraud begins with you, in this article we will draw on an analogy relating to timeshare purchase. Unless coerced into attending a timeshare presentation by either a free or discounted holiday or some other form of gift enticement, very few of us […]
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