Many people invest in timeshares as a way of securing future holidays in desirable locations, but not all timeshare purchases are made on fairgrounds. Mis-selling of timeshares is an unfortunately common occurrence, leaving investors with properties that do not match up to what was promised to them. In such cases, it is possible to make a mis-sold timeshare claim and seek compensation.
However, before pursuing such claims, it is important to understand what counts as mis-selling and the signs to look out for. In this blog, we explore the common signs of mis-sold timeshare claims.
High-Pressure Sales Techniques
One common sign of a mis-sold timeshare is the use of high-pressure sales techniques by the sales representative. This may include offering incentives that are only available for a limited time, making false promises about discounts, not allowing the investor time to read through the terms and conditions of the sale, or not allowing them to leave until they make a purchase.
Any of these tactics can indicate that the sale is being made under duress, which is not only unfair but also illegal. When this happens, you should contact legal counsel from Lincoln Green Solicitors.
Unavailability of the Property
Purchasing a timeshare typically gives investors the right to use a particular unit or property for a set amount of time each year. However, if the property is not available when the investor wants to use it, this is a sign to investigate mis-sold timeshare claims. This can happen due to overbooking, poor management, or simply because the property never existed.
Hidden Fees and Costs
Another common sign of a mis-sold timeshare is the presence of hidden fees and costs that the investor was not made aware of at the time of sale. This may include annual maintenance fees, additional taxes, or charges for using the facilities. Such hidden costs can be a significant burden on the investor and suggest that the terms of sale were not explained properly or outright hidden from them.
For more information Contact Lincoln Green Solicitors or Visit https://www.lincolngreenlaw.co.uk/
Address: Artemis House, 4 Bramley Rd, Bletchley, Milton Keynes MK1 1PT, United Kingdom
