It looks like there are a lot of new resale companies seeing the light lately and one of them is Rapid Resales.
Rapid Resales is a cold caller and as almost all the other ones, they offer a quick sale as they have buyers waiting.
The initial call is about asking the Timeshare owner if they want to sell and if he will give permission to market the timeshare.
After 2 weeks Rapid Resales contacts the owner and surprise, they have a buyer already.
All that is needed is a payment of a “refundable” upfront fee of £495 to process the sale. This payment can be done through Pay Pal.
For as much as a company guarantees that a payment will be refundable or can be claimed back from the credit card company, Pay Pal, etc. There is no excuse for the fact they are asking for a payment that is forbidden as per the Timeshare Directive.
Research has shown that the website of Rapid Resales http://www.rapid-resales.com/ was registered mid June 2014.
They have an address in the UK: 16, Swanne House, Gloucester Circus, London,SE10 8RU
Telephone number 0203 289 0859 and email firstname.lastname@example.org
There is no mention of any companies’ house registration.
We do not recommend the company Rapid Resales as apparently they are not familiar with the current legislation on Timeshare resales.
If you have been called by Rapid Resales from 02032890859 then please let us know.