Timeshare relinquish

thegreenone

Good digging @eddddy.

It appears their first venture was an IT Consultancy which didn't file any accounts.  The reincarnation is Management Consultancy activities other than financial management.

I suspect they are just middle-men.

Your call OP.

Delbud

thegreenone said:

Let me get this straight - you give them £6k and you might get that back and more?  If you want to get rid of your timeshare, I would talk to your resort first and foremost.  Are you sitting comfortably?

My late step-dad owned timeshare on Tenerife and as he was getting older, he decided it was time to dispose of it.  He used a sales co. with initial upfront charge but they kept asking for more and more money.  In the end he paid out nearly £24k, including borrowing from a friend (who didn't get a penny back).  After SD passed away my step-brother found that if he paid two years maintenance (£1500) they would take back the Weeks.  

I realise this is labelled as mis-selling, and yes RCI have had their knuckles rapped, but it's just an money making exercise.  We own timeshare and I would be very hesitant.

Please let us know how you get on if you do go ahead - for better or worse!  

The are registered in the UK and also Spain. I didn't like their pressure sale and request for up front payment so ended the discussion. I did a search on the company and came across a reputable Timeshare advice service who put me onto a recommended company. Their final cost is around the same, but you only pay a small deposit and their lawyers can be found and contacted on LinkedIn. I will let you know how it goes.

Neil955i

Had a (high pressure) sales conversation with them yesterday. I too suspect a scam and have ceased dealings. Anyone wanting your cash there and then raises my suspicions!  Be interested in your experiences Delbud as we’re still looking to offload our DRI commitment…

andybott

Same here, had a lengthy conversation with Daniel taking all details ,every time i asked how much, He said i will have to contact the claims director? 1.5 hours later he came on and said £7k, after i fell of my chair, zoom meeting terminated !,been there and lost before ,i had paid the Company MGM who owned the timeshare £400 to dispose of it .