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23/08/2004
Trading Standards issue timeshare warning
The Trading Standards Service (TSS) is advising consumers in Northern Ireland to be cautious of unscrupulous businesses selling timeshare accommodation.
Consumers are being urged to be wary of unsolicited telephone calls or letters and newspaper advertisements offering free or reduced price holidays, gifts, or prizes which have been circulated in the province recently.
These are often used by Timeshare companies to encourage consumers to attend a timeshare presentation.
Trading Standards Inspector, Simon Keegan, said: “Unless you are seriously considering buying from the company concerned, do not go.
"If, however, you do sign a timeshare contract in the UK, and you then change your mind, you have a cooling-off period of 14 days in which you can cancel the contract (and any related credit agreement) at no cost and be refunded any money you have paid.
"Increasingly, holiday makers are being targeted whilst already on holiday and in many other countries the cooling-off period is 10 days, whilst in others you might not have a cooling-off period at all. If you are unsure of your position, don't sign: wait until you get home and seek legal advice."
Mr Keegan added: "As with any offer, if it sounds too good to be true it probably is."
If consumers wish to obtain further advice, they should contact Consumerline on 0845 600 6262.
(MB)
Consumers are being urged to be wary of unsolicited telephone calls or letters and newspaper advertisements offering free or reduced price holidays, gifts, or prizes which have been circulated in the province recently.
These are often used by Timeshare companies to encourage consumers to attend a timeshare presentation.
Trading Standards Inspector, Simon Keegan, said: “Unless you are seriously considering buying from the company concerned, do not go.
"If, however, you do sign a timeshare contract in the UK, and you then change your mind, you have a cooling-off period of 14 days in which you can cancel the contract (and any related credit agreement) at no cost and be refunded any money you have paid.
"Increasingly, holiday makers are being targeted whilst already on holiday and in many other countries the cooling-off period is 10 days, whilst in others you might not have a cooling-off period at all. If you are unsure of your position, don't sign: wait until you get home and seek legal advice."
Mr Keegan added: "As with any offer, if it sounds too good to be true it probably is."
If consumers wish to obtain further advice, they should contact Consumerline on 0845 600 6262.
(MB)
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