I no longer want my timeshare, what are my rights?

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[rad_page_section id=’rpsIJXAWHUG4WODCBQ6PKTIVLWCPP7U582A’ first=’true’ last=’true’ section_name=’Section’ v_padding=” classes=” visibility=’None’ background_opts=” background_color=” background_image=” background_position=” background_cover=” background_repeat=” background_attachment=” background_gradient_dir=” start_gr=” end_gr=’#eeeeee’ video_url=” border_top_width=’0′ border_top_color=” border_top_type=” border_bottom_width=’0′ border_bottom_color=” border_bottom_type=” ][rad_page_container id=’rpcA8G6MHTPRMHTLW3SN1NGY673IDDTAKLV’ layout=’full’ first=’true’ last=’true’ top=’true’ classes=” visibility=’None’ float=’left’ background_opts=” background_color=” background_opacity=” background_image=” background_position=” background_cover=” background_repeat=” background_attachment=” background_gradient_dir=” start_gr=” end_gr=’#eeeeee’ border_top_width=’0′ border_top_color=” border_top_type=” border_bottom_width=’0′ border_bottom_color=” border_bottom_type=” ][rad_page_widget id=’rpwIGTF27H1L4H3O1DUP1PXX056150J7PPO’ type=’rad_text_widget’ last=’true’ top=’true’ type=’rad_text_widget’ text_title=’I NO LONGER WANT MY TIMESHARE. CAN I CANCEL MY CONTRACT?’ text_subtitle=’If you are one of the 250,000 Britons who want to get rid of their timeshare, read on to know your rights.’ rich_key=’text_data’ col_alignment=’left’ visibility=’none’ delay=” clear_float=’no’ icon=” icon_margin=’5′ icon_alignment=’left’ icon_animation=’none’ title_color=” subtitle_color=” text_color=” title_size=’30’ title_w=’0′ subtitle_size=’25’ subtitle_w=” text_size=’18’ cb_margin=” ct_margin=” tt_margin=” st_margin=” tet_margin=” rich_key=’text_data’ type=’rad_text_widget’ id=’rpwIGTF27H1L4H3O1DUP1PXX056150J7PPO’ ]If you can prove that you can no longer afford your timeshare, or the conditions under which the contract was signed have changed, you may be able to dissolve it.

Elisabetta Sciallis of the Trading Standards Institute (TSI) said: “Many timeshare contracts are signed by couples. If one of the signatories dies, this can mean that the contract is voided.”

Although this was not the case for Mr Grant, Club la Costa said that in most cases it allowed timeshare holders to relinquish their timeshare in exchange for one year’s maintenance fees.

If you cannot come to a similar arrangement with your timeshare provider, and you are not in financial difficulties, it is your responsibility to sell your timeshare.[/rad_page_widget][/rad_page_container][rad_page_container id=’rpcRAMBF08JEHNBUA1O34HVID60S9QN0XF5′ layout=’full’ first=’true’ last=’true’ classes=” visibility=’None’ float=’left’ background_opts=” background_color=” background_opacity=” background_image=” background_position=” background_cover=” background_repeat=” background_attachment=” background_gradient_dir=” start_gr=” end_gr=’#eeeeee’ border_top_width=’0′ border_top_color=” border_top_type=” border_bottom_width=’0′ border_bottom_color=” border_bottom_type=” ][rad_page_widget id=’rpwTW5XFLS9SYGVBD9HNCOKPFO0LD7ALN8B’ type=’rad_text_widget’ last=’true’ top=’true’ type=’rad_text_widget’ text_title=’I CAN NO LONGER AFFORD MY TIMESHARE. WHAT ARE MY RIGHTS?’ text_subtitle=” rich_key=’text_data’ col_alignment=’left’ visibility=’none’ delay=” clear_float=’no’ icon=” icon_margin=’5′ icon_alignment=’left’ icon_animation=’none’ title_color=” subtitle_color=” text_color=” title_size=’30’ title_w=” subtitle_size=’25’ subtitle_w=” text_size=’18’ cb_margin=” ct_margin=” tt_margin=” st_margin=” tet_margin=” rich_key=’text_data’ type=’rad_text_widget’ id=’rpwTW5XFLS9SYGVBD9HNCOKPFO0LD7ALN8B’ ]If you have been made redundant, declared bankrupt or your financial situation has dramatically changed, then, in theory, you have grounds for terminating the timeshare contract.[/rad_page_widget][/rad_page_container][rad_page_container id=’rpcI6OS22WHV27QSIFIO2G950ERQ72RIQV8′ layout=’full’ first=’true’ last=’true’ classes=” visibility=’None’ float=’left’ background_opts=” background_color=” background_opacity=” background_image=” background_position=” background_cover=” background_repeat=” background_attachment=” background_gradient_dir=” start_gr=” end_gr=’#eeeeee’ border_top_width=’0′ border_top_color=” border_top_type=” border_bottom_width=’0′ border_bottom_color=” border_bottom_type=” ][rad_page_widget id=’rpwT2IGWUF0M67PPLEPFX48OR8NSGDW6JGG’ type=’rad_text_widget’ last=’true’ top=’true’ type=’rad_text_widget’ text_title=’I THOUGHT THERE WAS A NEW TIMESHARE LAW THAT MEANT I COULD CANCEL MY CONTRACT?’ text_subtitle=” rich_key=’text_data’ col_alignment=’left’ visibility=’none’ delay=” clear_float=’no’ icon=” icon_margin=’5′ icon_alignment=’left’ icon_animation=’none’ title_color=” subtitle_color=” text_color=” title_size=’30’ title_w=” subtitle_size=’25’ subtitle_w=” text_size=’18’ cb_margin=” ct_margin=” tt_margin=” st_margin=” tet_margin=” rich_key=’text_data’ type=’rad_text_widget’ id=’rpwT2IGWUF0M67PPLEPFX48OR8NSGDW6JGG’ ]The EU has ruled that any new timeshares or long-term holiday products with contracts of more than a year must be sold with a 14-day cooling-off period and written information – in the buyer’s first language – detailing their right to cancel within this period must be provided.

The seller is not allowed to ask for any money within the first 14 days.

Unfortunately this ruling has not been backdated.[/rad_page_widget][/rad_page_container][rad_page_container id=’rpcCFF206JF3M9L53ADGEPGXW4TW6AIVO59′ layout=’full’ first=’true’ last=’true’ classes=” visibility=’None’ float=’left’ background_opts=” background_color=” background_opacity=” background_image=” background_position=” background_cover=” background_repeat=” background_attachment=” background_gradient_dir=” start_gr=” end_gr=’#eeeeee’ border_top_width=’0′ border_top_color=” border_top_type=” border_bottom_width=’0′ border_bottom_color=” border_bottom_type=” ][rad_page_widget id=’rpwKDLKJVVLLHR8OQN6T0WUMQCI2WGL3EPY’ type=’rad_text_widget’ last=’true’ top=’true’ type=’rad_text_widget’ text_title=’HOW DO I SELL MY TIMESHARE?’ text_subtitle=” rich_key=’text_data’ col_alignment=’left’ visibility=’none’ delay=” clear_float=’no’ icon=” icon_margin=’5′ icon_alignment=’left’ icon_animation=’none’ title_color=” subtitle_color=” text_color=” title_size=’30’ title_w=” subtitle_size=’25’ subtitle_w=” text_size=’18’ cb_margin=” ct_margin=” tt_margin=” st_margin=” tet_margin=” rich_key=’text_data’ type=’rad_text_widget’ id=’rpwKDLKJVVLLHR8OQN6T0WUMQCI2WGL3EPY’ ]The Timeshare Consumer Association (TCA) estimates that nine in every 10 companies that claim to be resellers are actively defrauding consumers. It advises consumers not to make any upfront payments and if an upfront payment is requested not to continue to do business with the reseller.

The TCA has established a code of conduct for resellers, details of which can be found on its website, www.timeshare.org.uk. Details of the companies that meet these guidelines can also be found on the website or by calling 01909 591100.[/rad_page_widget][/rad_page_container][rad_page_container id=’rpcQYDEEDIPGL4S969CQTH0041KRFAPJK9B’ layout=’full’ first=’true’ last=’true’ classes=” visibility=’None’ float=’left’ background_opts=” background_color=” background_opacity=” background_image=” background_position=” background_cover=” background_repeat=” background_attachment=” background_gradient_dir=” start_gr=” end_gr=’#eeeeee’ border_top_width=’0′ border_top_color=” border_top_type=” border_bottom_width=’0′ border_bottom_color=” border_bottom_type=” ][rad_page_widget id=’rpwUTK8K7N1WK8O5P3R9S47DUU8UFY4DBYU’ type=’rad_text_widget’ last=’true’ top=’true’ type=’rad_text_widget’ text_title=’WHO CAN I CALL FOR MORE INFORMATION?’ text_subtitle=” rich_key=’text_data’ col_alignment=’left’ visibility=’none’ delay=” clear_float=’no’ icon=” icon_margin=’5′ icon_alignment=’left’ icon_animation=’none’ title_color=” subtitle_color=” text_color=” title_size=’30’ title_w=” subtitle_size=’25’ subtitle_w=” text_size=’18’ cb_margin=” ct_margin=” tt_margin=” st_margin=” tet_margin=” rich_key=’text_data’ type=’rad_text_widget’ id=’rpwUTK8K7N1WK8O5P3R9S47DUU8UFY4DBYU’ ]The TSI can offer free cross-border advice and can be contacted either through its website, www.tradingstandards.gov.uk, or by calling 0845 404 0506. The TSI also recommends contacting the Citizens Advice Bureau via www.citizensadvice.org.uk or by calling 08444 111444 for the England office or 0844 477 2020 for the Wales office. A quarter of a million Britons are trapped in timeshare agreements, paying more than £250 million a year to maintain properties that many do not want or use.[/rad_page_widget][/rad_page_container][rad_page_container id=’rpcMC1JK3JC7AE3JK3IKMJ5YND2FBXYL8IS’ layout=’full’ first=’true’ last=’true’ classes=” visibility=’None’ float=’left’ background_opts=” background_color=” background_opacity=” background_image=” background_position=” background_cover=” background_repeat=” background_attachment=” background_gradient_dir=” start_gr=” end_gr=’#eeeeee’ border_top_width=’0′ border_top_color=” border_top_type=” border_bottom_width=’0′ border_bottom_color=” border_bottom_type=” ][rad_page_widget id=’rpwF9ND2US71O2BS9BMUH3C70LKMYYYSA1E’ type=’rad_image_widget’ last=’true’ top=’true’ image=’http://www.yourpromoholiday.com/wp-content/uploads/2016/04/get-advice.png’ text_title=” link=’http://www.yourpromoholiday.com/timeshare-advice/’ lightbox=’false’ text_caption=” width=” height=” hoverc=” hoverbg=” clear_float=’no’ resizing=’none’ visibility=’none’ delay=’0′ title_color=” title_size=” title_w=” text_color=” ][/rad_page_widget][/rad_page_container][/rad_page_section]

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