In the recent years up o the present, the timeshare industry had its share of scams that makes it unattractive to potential consumers. Some of these fraudulent activities also affect the current owners while aggravating the disadvantages of timesharing. As a result, many of these owners want to get out of their timeshares. In Welsh, UK, there are new rules that will tackle timeshare scams that could benefit holidaymakers.
According to Plaid MEP Jill Evans who represents the whole of Wales in the European Parliament, she has been calling for stricter regulation and has been contacted by constituents targeted by unscrupulous timeshare salespeople. The European Parliament’s Consumer Affairs Committee on the other hand, has recently agreed a package of measures to help holidaymakers and target the cheats.
Evans added that such scams is a Europe-wide problem and action at EU level is the right way forward. Unfortunately, the crooks and cheats have been blighting the timeshare industry for too long and it’s time to take firm, EU wide action to stop these.
Meanwhile, the package agreed by MEPs has now been approved by the Consumer Affairs Committee of the European Parliament in Strasbourg and will come before the full parliament for approval later this year.
Nowadays, the number of cases of timeshare scams is still increasing and it’s time for the stakeholders to take action into these. Take note that this industry is becoming uninteresting anymore in the eyes of the public as there a number of owners nowadays who are trying to get rid of their timeshares. Some even hire a timeshare transfer company such as the Transfer Smart just to get rid of such property. By imposing rules that will fight scams, the attractive image of this industry will be restored and thus many people would go into timesharing.