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Seasons luxury lodges timeshare

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  • Run, don’t walk, away, and never do anything like this ever again.
  • Stubod
    Stubod Posts: 2,591 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    ..run run run while you still can.....
    .."It's everybody's fault but mine...."
  • reeac
    reeac Posts: 1,430 Forumite
    Ninth Anniversary Combo Breaker
    My advice is to get out while you can. We joined a holiday club about 15 years ago and want to leave ie. just walk away and I plan to get a solicitor's advice on the matter just to be sure. The whole thing is a real jungle ....the carefully crafted sales techniques, the dense legal fine print, the fancy gold certificates which entitle you ( at extra cost) to related memberships and the predators waiting to help you get compo for being missold the membership. With the Internet you can get yourself any holiday at less cost and with no long term commitment to any dodgy organisation.
  • Aretnap
    Aretnap Posts: 5,784 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    This Season's Holidays?


    https://www.mirror.co.uk/opinion/money-opinion/p-s-investigates/seasons-to-be-fearful-533462


    Timeshares in general have a great reputation, of course


    https://www.telegraph.co.uk/finance/personalfinance/money-saving-tips/8512857/Timeshare-fees-trapped-in-a-holiday-that-lasts-for-life.html


    I suggest you treat this "investment" as if it were a grenade with the pin taken out. Get as far away from it as possible while you still can.
  • Get your money back ASAP
  • Bravepants
    Bravepants Posts: 1,643 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    AnotherJoe wrote: »




    Bloody brilliant! :rotfl:
    If you want to be rich, live like you're poor; if you want to be poor, live like you're rich.
  • BarleyGB
    BarleyGB Posts: 248 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    A two week share of a lodge for £32000. So that's an annualised value of £832000!

    Is it really worth £832000? Is it a 6 bedroom hunting lodge with its own estate?
  • Aretnap
    Aretnap Posts: 5,784 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    BarleyGB wrote: »
    A two week share of a lodge for £32000. So that's an annualised value of £832000!

    Is it really worth £832000? Is it a 6 bedroom hunting lodge with its own estate?
    And that's for 32 years use of it, with no resale value at the end Whereas your £800K hunting lodge would last a few centuries...

    Oh yes, and £350 maintenance fees for a fortnight means £9100 a year in maintenance costs. Are they going to replace the solid gold roof every winter?

    Even if you only annualised it taking the six months or so of actual holiday season into account, that's still over £400K, which must equate to a very nice four bedroom detached house with a large garden. In one of the niceest parts of Cardiff.
  • gardner1
    gardner1 Posts: 3,154 Forumite
    Subie1233 wrote: »
    Seasons luxury lodges

    Does anyone have any thoughts on buying basically a timeshare in seasons luxury lodges although they don’t call it a timeshare
    My husband bought 2 weeks at a luxury lodge in wales but primarily as an investment. They say if we don’t ever want to use the two weeks we will get approximately 6% returns after all costs.
    I have reservations and we are still in the two week cooling off period.
    How it works: we invest in a lodge lump sum £32k
    Then pay maintenance fees £350 per year
    They ask us either to book the weeks as our holiday or it’s put into a pool and sold through luxury lodges
    Some weeks may be rented out some might not but the earnings are divided equally between all the owners who didn’t use their weeks
    After 16 years we can sell the lodge and get our investment back or continue for another 16 years holidaying or renting it out and get no lump sum at the end.

    "Does anyone have any thoughts on buying basically a timeshare in seasons luxury lodges although they don’t call it a timeshare"

    Its a timeshare.......Run away while you can
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