ITRA forum: We would never have bought in the first place

“We attended a presentation in 2000 at Wychnor Park. We believed that membership would buy us 5* holidays and we bought 6000 points.

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"We subsequently purchased a further 4000 points in 2001 believing that 10000 would be enough for the holidays we wanted. We later found that wasn't really the case but we were not in a position to buy more points so we have done our best with what we have.

We understood that annual maintenace fees would have to be paid and that these would probably increase over time. We were lead to believe that membership was dependant on the payment of annual fees and that if we didn't pay then our membership would cease. By 2011 we found ourselves in the position of not being able to afford maintenance fees, which over the past few years have increased alarmingly, and still afford to go on holiday, indeed on several ocassions we had been forced to pay through Interval International to go to Diamond Resort Properties. At this point we contacted Diamond resorts and told them that we would not be paying maintenance fees for 2012 so would be relinquishing our membership. We said that we were not looking for any repayments, however we were informed, for the first time, that we couldn't do this and must continue to pay until the age of 75, or, until we were declared bankrupt! As a last resort I contacted the CEO directly explaining our position - we received a very cold one sentence reply saying that we would have to go through bankruptcy. Had we known any of this before we bought we would never have bought in the first place!” By Mr and Mrs W

ITRA timeshare fraud action

At ITRA our objective is to support the consumer in timeshare disputes. ITRA has discovered a pattern of abuse, deception and even fraudulent issues that have been systematically perpetrated by many of the major timeshare industry players to the detriment of owners.

 

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