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Name of Resort Currency charge Land reg fee % Difference Are the fees unregulated
Alanda Clun Euro 140/1.26-£111 40 (e) 277% Yes
Club Algaida £ sterling £75 40 (e) 192% Yes
Crown Resorts £ sterling £100 40 (e) 250% Yes
Club La Costa Resorts £ sterling £399 40 (e) 997% Yes
El Capistrano Playa £ sterling £70 40 (e) 175% Yes
Elite Apartments Pueblo & Pueblo Evita £ sterling £115 40 (e) 287 Yes
Heritage Resorts (approx) £ sterling £415 40 (e) 1037% Yes
Kingfisher Club £ sterling £250 40 (e) 625% Yes
La Ermita £ sterling £425 40 (e) 1062% Yes
MacDonalds Resorts £ sterling £425 40 (e) 1,062% Yes
La Orquieda £ sterling £75 40 (e) 192% Yes
La Qinta at La Manga £ sterling £350 40 (e) 875% Yes
Petchey Leisure Euro 1,000/1.26£833 40 (e) 2,082% Yes
Los Amigos Beach Club £ sterling £200 40 (e) 500% Yes
All Marriotts Resorts Europe US Dollar 250/1.5£167 40 (e) 417% Yes
Miraflores Beach Club £ sterling £85 40 (e) 212% Yes
Sunset Beach Club £ sterling £100 40 (e) 250% Yes
All Diamond Resorts in Spain £ sterling £200 40 (e) 500% Yes
The Harbour Club £ sterling £70 40 (e) 175% Yes

 

On average these selected resorts (on average) charge 587% higher than the Her Majesty’s Land Registered charges “If the land register transfer title on a house valued at £100,000 now is that reasonable? Is that compliant to a fair and reasonable charge structure or have these charges resulted from a closed shop an unregulated charging mechanism.

Have any purported consumers association ever reported the excessive charging of literally 1,000 upon thousands of timeshare consumers.

It does not matter whether you have sold in the past, are selling now and choose to do so in the future, the undisputable fact is that these charges are excessive and the work done in effecting the timeshare transfer is tiny.

The lack of competition ought to make people sit up and come to the realization that a monopoly are a breeding ground for anti consumer practises and this is the reason why these charges are massively out of proportion.

All be here is the deafening silence from the industry.

For more information regarding this article or assistance in any other timeshare related issues please contact the TCA on 01908 881058 or email: info@TimeshareConsumerAssociation.org.uk