The TCA were recently contacted by a credible industry source with an update on our article from February 2016 regarding The Timeshare Mart Con.
The TCA believed that the director of The Timeshare Mart Limited, Mr Tony Cole, had ceased trading and set up a new limited company called, Exclusive Timeshare Limited. From our sources investigation on the Companies House website, The Timeshare Mart Limited has not ceased trading and on 4th November 2014, the compulsory strike-off application had been discontinued so it is believed Mr Tony Cole is now trading from both companies.
Upon looking at the website www.thetimesharemart.com it still shows that it is trading via eBay and using social media to update and promote the company. As this article is being written, the eBay user, thetimesharemart, has 56 active listings ranging from £1,450 for a Seasons 1 bedroom red week all the way up to £54,995 for 2-weeks in The Crane Resort, Barbados. Generously he offers free postage and packaging on the purchase!
It also states on the website a different registered office address of; 1 Great Eastern Road, Sudbury, Suffolk, CO10 2TJ rather than the one actually listed with Companies House of; 1st Floor, Navigation House, Hamilton Road, Sudbury, Suffolk, CO10 2UU.
We have received quite a few calls now from duped Timeshare Mart clients so they may be interested to see Mr Cole’s T&Cs with new contact details
The Timeshare Mart Limited is a UK Registered timeshare resale Company and complies fully with European Timeshare Legislation.
The Timeshare Mart is acting on behalf of private individuals who wish to sell timeshare. We will carry out the transfer of ownership and all transfer and administration costs are included in the listed price.
The winning bidder will be required to provide us with the full names and address they require the purchased timeshare week(s) with 24 hours of securing the timeshare. The purchaser of the timeshare will be sent a contact along with information of how to pay the balance. The buyer will be required to sign further transfer of ownership documentation as requested by the specific resort. For more information please call Tony Cole on 0845 53 333 53.
Full checks will be carried out on your behalf of the person buying timeshare to ensure that the timeshare is free of encumbrances. Any outstanding maintenance fees are the responsibility of the person selling timeshare and must be cleared at the point of transfer.
The buyer of the timeshare will be responsible for the maintenance fee for the year of first occupancy. If you are not sure which is the first year of occupancy please check with us by calling Tony Cole on 0845 53 333 53.
The balance monies will be required either by cheque, bank transfer or Pay pal after 14 days.
Both the Buyer and the Seller are entitled by UK law to a 14 day cooling off period. This applies to any one buying or selling timeshare worldwide.
Pictures used are not actual pictures of the apartment/villa they are generic pictures from the listed resort and are gathered from external sources including the timeshare owners themselves. We try to provide you with as much information as possible however until we have carried out full searches and resort checks we rely on information provided by the person who is selling timeshare. If you require any further information, have a question relating to this listing or you are interested to sell a timeshare please call Tony Cole direct on 0845 53 333 53.
Posted on: April 21, 2016
For more information regarding this article or assistance in any other timeshare related issues please contact the TCA on 0203 519 3808 or email: info@TimeshareConsumerAssociation.org.uk