Two weeks ago a Consumer Alert was mailed out by Travel and Leisure Group (http://www.travelandleisure.co.uk/ ) to all their customers, warning about the fact that a company calling themselves ‘Travel & Leisure UK’ are reporting to work for Travel & Leisure Group. Travel and Leisure Group would like to state that this company is in NO way associated with them, nor do they work for them.
Ever since this alert we have received numerous emails from concerned Timeshare owners who indeed had been contacted by this “fake” Travel and Leisure Ltd, who calls themselves in the paperwork Travel and Leisure Group Ltd (!)
Their website address couldn’t be more confusing: http://www.travelandleisureuk.co.uk/ Telephone 0845 862 8611 or 01227 388 052 and their postal address is 44 -48 Magdalen Street, Norwich NR3 1JU or 20 Dover Street, Canterbury, Kent CT1 1UT
For our usual readers of this blog, this address is more than known as it is the same postal address as TRUE VALID and BORDERLINE INVESTMENTS! (Read more http://wp.me/p1kmoi-5t & http://wp.me/p1kmoi-3s )
The way this dubious resale company works is as follows; they cold call the timeshare consumers and present themselves as being the Travel and Leisure Resale company affiliated to the RDO and other consumer associations.
It looks like they mainly call people that have been cheated before by another bogus company and paid a retainer fee. They claim to have a buyer for the timeshare but it is not exactly the timeshare they own but a “Breakaway Destinations” membership. So in order to be able to sell the ownership, first the timeshare owner has to convert his ownership into the Breakaway Destinations one.
They do a breakdown of costs, price of the Breakaway Destinations Membership £9000, value timeshare £6200, difference to pay £2800 but reduction of already paid retainer £1200 so the timeshare owner pays this time UPFRONT £1600 (amounts are purely an example based on testimonials)
Once the timeshare owner has paid this balance they send off the paperwork and surprise surprise the timeshare owner has bought into Breakaway Destinations (Bogus Discount Holiday Club) and has no guarantee there will be a sale at all!
They are so kind to state that if the sale falls through, the timeshare owner will receive another offer from Borderline Investments Ltd who will continue to “market” the timeshare!
Have you been called by Leisure Travel Ltd? Please let us know!