40% – Are you joking!
November 17th, 2022
Only last week we published an article regarding letters received by owners of timeshare with MacDonald Resorts the letters stated that maintenance fees will rise by at least 30%, we made emphasis that no upper limit was mentioned. We established that the MacDonald resort owners at Doña Lola in Calahonda, Costa del Sol have also […]
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The sinking fund – Timeshare developers new way to make money?
November 16th, 2022
As those who own timeshare will know that around this time of year the timeshare developers deliver their invoices for next year’s maintenance fees. Contained in a number of these bills we have seen is a monetary amount designated “sinking fund”. Before we go any further we thought it would be a good idea to […]
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Litigandolo scam lawyers – The Scottish connection
November 13th, 2022
Back in August we reported on this fake law firm, well they are still at it. In August their target was timeshare owners at the Silverpoint resorts in Tenerife. It would appear that they have exhausted their Silverpoint data list and have moved on, this time the target is owners of Moness Country Club in […]
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Craigendarroch Owners’ Club – A new twist
November 11th, 2022
On numerous occasions we have reported that, in general, the sale of new timeshare in Europe is on the decline, the same may be said of the UK. The “staycation” market saw a cosmetic bounce when Covid travel restrictions were in place but since these have been lifted, the run for the sun has returned. […]
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MacDonald Hotels & Resorts – The first of many?
November 2nd, 2022
In September we published an article relating to the global financial crisis and the possible impact on maintenance fees for 2023. Since then the UK has changed its Chancellor of the Exchequer and also seen the shortest serving Prime Minister in History, Liz Truss, resigning and as we write Rishi Sunak is taking up the […]
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Time share scams – Who are we today?
October 24th, 2022
In times gone past, timeshare scam companies retained their name and modus operandi for a considerable length of time, that is until they were publically exposed by websites such as ours, After Inside Timeshare and Mindtimeshare. Today, not has only technology moved on but consumers are getting wiser to scams and are far more vigilant […]
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Timeshare – The licence to lie
October 21st, 2022
Regular readers will be aware of the term used above “the licence to lie”. In short the phrase comes from the intransigence of timeshare developers to police the sales techniques and verbal representations used by their sales staff. Whilst we say that developers don’t “police” their sales staff, in virtually all cases they are completely […]
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Silverpoint – Investigations carry on
October 19th, 2022
Before we look at the investigations surrounding Silverpoint it would be good to go back in time and catalogue how the current position came about. Originally a sales company was established under the name of Resort Properties. Sales by this company mostly comprised timeshare in Beverly Hills Club, Hollywood Mirage Club, Beverly Hills Heights Club, […]
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The mathematics of timeshare
October 17th, 2022
We recently spotted a news release concerning the expansion plans for one of South Africa’s largest timeshare resorts being the Sun Vacation Club at Sun City. Located near Rustenburg in the North West province, Sun City already has 384 letting units and plans to expand this by creating a new area called Lefika Villas, the […]
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Dismantling a scam
October 14th, 2022
We always find it encouraging when potential victim of scams contact us to ascertain the validity of either the story they have been told or for us to have a look at the paperwork they have been sent. One such example happened recently. Although we are not in possession of the full facts we have […]
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