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Discy Latest Questions

sarah
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sarahSubscriber
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I have really had enough with my timeshare company. When I signed up with my timeshare company they explained it would be an investment and worth a lot of money in the future. Here we are in 2021 and ...Read more

I have really had enough with my timeshare company. When I signed up with my timeshare company they explained it would be an investment and worth a lot of money in the future. Here we are in 2021 and my timeshare seems more worthless. I have asked my resort if they will take it back but they wont, so I’m stuck with a now unwanted timeshare and paying for something I don’t want anymore. Is there anything I can do?

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James and Sylvia Murray -aef
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James and Sylvia Murray -aefSubscriber
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We have been asking to exit for 5 years now and always get the same reply. You really have to be destitute before they will consider release. We only have 2000 points and have been told many times that we ...Read more

We have been asking to exit for 5 years now and always get the same reply. You really have to be destitute before they will consider release. We only have 2000 points and have been told many times that we should never have been sold such a small number. We asked what would happen if we wanted to sell them and the answer was to convert to a timeshare week and then sell. Lo and behold we don’t have enough points to do so.
We are retired now and not fit enough to use the points. We have not paid the fees for 3 years and worry about the consequences.
We are not looking for money back for them we just want a release for our sanity.

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Matthew-d15
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Matthew-d15Subscriber
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My inlaws have a week timeshare in keswick but have been told this year that the week has been repossessed due to non payment of managenent fees as per their contract. However they didnt receive any communication of this as ...Read more

My inlaws have a week timeshare in keswick but have been told this year that the week has been repossessed due to non payment of managenent fees as per their contract. However they didnt receive any communication of this as they were not at their home for 18 months which the company were aware of. The fees for 2021 were not paid as there was debate over the amount during covid as they were unable to use their week during 2020 and 2021 (despite 2020 being paid in full). They still want to keep their week and it was a 99year contract held since the site was built. I suspect the company want to resell the week as they now offer much shorter contracts so can make more money out of it but cant prove this. Can I argue the week should not have been repossessed?

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Mrs S Townsend-a06
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Mrs S Townsend-a06Subscriber
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We have had a timeshare for 42 years, And the freeholder has written to us saying that he has sold the complex and we will receive an amount calculated by him based on the amount he has agreed ...Read more

We have had a timeshare for 42 years, And the freeholder has written to us saying that he has sold the complex and we will receive an amount calculated by him based on the amount he has agreed to sell it for to a private consortium less 31% for all of the dealings costs involved.
He has built up a controlling stake of unsold weeks in the complex and proposes to send us out a waiver to sign relinquishing our rights of ownership in exchange for a sum that he thinks is a fair price for our apartments.
Is this legal?

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