Bogus Holiday Clubs and the new Timeshare Directive

Most European countries finally introduced since early last year up to this year the new “Timeshare Directive” based on the consumer protection rules of Directive 2008/122/EU.

In the case of the UK this EU piece of legislation was introduced in February of last year, while in Spain initially in March 18th of this year, and finally with final modifications came into force as “Ley 4/2012 de 6 de julio”.

The new Timeshare Directive bans the taking of deposits during the withdrawal period, imposing a 14 days off cooling off period to timeshare marketers, resellers and holiday clubs.

Holiday clubs in particular until last year had escaped the legal impositions of the timeshare directive.

With the introduction of the new timeshare directive, holiday clubs (long term holiday products) of more than one year have to comply with the legislation. It also obliges marketers to provide the customer with a contract written in the language of the buyer, notes of cancellation rights, and a prescribed cancellation form.

However we have detected that many Spanish based marketers of Bogus Holiday Clubs have found a way not to comply with the new Timeshare Directive.

Some marketers of Bogus Holiday Clubs are basically not respecting the new Timeshare Directive, taking deposits and not respecting any kind of cooling off period (by law 14 days).

Some other bogus marketers more sophisticated are pretending to sell holiday clubs which have a duration of less than one year, when in fact their contract indicate that this holiday club membership can continue being used for more than one year, as long as a yearly payment is made, what according to the Timeshare Directive would fall under its legislation.

Other marketers of Bogus Holiday Clubs are trying not to comply with the new Timeshare Directive, selling prepaid holiday vouchers, although the duration in which they can be used is more than one year, providing to their customers a way to obtain “allegedly” savings on holidays during a long period of time, what would also fall under the new Timeshare Directive.

We even have detected a marketer of a bogus holiday club that make their customers to sign two contracts; one would give access to a website with alleged holiday discounts (free membership during the first year, and following years a yearly payment would be required), and another contract would provide them prepaid holiday vouchers. When the customers try to request a refund (as the cooling off period was not respected), they are told that they can cancel their contract that allows them to use the website to book holidays – which it is free during the first year anyway – but cannot cancel the purchase of the prepaid holiday vouchers, and as a result request a refund. The cost of the holiday vouchers reaches thousands of Euros / Pounds.

Many bogus timeshare resellers are also not complying with the new Timeshare Directive, and continue taking deposits. Some of these bogus resellers are becoming Timeshare Disposals “Experts” requesting upfront payments to advice their clients in how best to help them to get rid of their timeshare ownerships. Many end up making upfront payments, but nothing is done about their timeshare ownership.

In conclusion, Mindtimeshare believes that the new Timeshare Directive equip European Authorities and Enforcement Agencies with the tools to close down bogus holiday clubs, and also resale firms, timeshare disposals, etc. So it is high time to act and protect consumers’ rights.

About mindtimeshare

Mindtimeshare SLU is registered Company reg number: B35957182 Mindtimeshare provides assistance to timeshare owners who have been defrauded by holiday clubs and bogus resale companies. The Mindtimeshare project was launched in February 2011. After dealing with timeshare members over several years who had been defrauded by numerous bogus companies and for large amounts of money, I considered launching an Organisation to help timeshare owners that have been targeted by bogus companies. On this blog you can find information about the different active scam companies and their “modus operandi” and also place comments, ask questions and see comments from other consumers who have the same doubts or have been through the same experience. Mindtimeshare has resulted in a huge success and has received the back up from not only timeshare consumers but also from the professionals in the timeshare Industry. Mindtimeshare helps timeshare owners who have been scammed by bogus Discount Holiday Clubs; bogus cash back companies; fraudulent timeshare resale companies; bogus class action companies and false lawyers and notaries. We offer professional answers and advice to Timeshare users. If you want to send an email instead of posting a comment on the blog please do so by emailing: customercare@mindtimeshare.com
This entry was posted in Bogus Holiday Clubs, Directive, Tips & Advice, Warnings and tagged , , , , . Bookmark the permalink.

5 Responses to Bogus Holiday Clubs and the new Timeshare Directive

  1. V says:

    does anyone have information on leisure alliance? are they a scam?

  2. vivian says:

    I have now been having calls from Holiday Lets, or so they say ,high pressure from them.This time I had to pay £9.99 postage for paper work then I get £6000.00 ,they were not happy with me when I said its all a c**

  3. rena mcl says:

    what do you know about alpine horizons thanks

  4. Pete says:

    Club Class will feature highly I’m sure.

    Pete

  5. sue d says:

    you have not named these bogus holiday clubs either spanish or english why not?

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