+44 (0)161 526 3255

Stephenson Cartwright & Associates
Stephenson Cartwright & Associates
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    • Home
    • Service Overview
    • Timeshare
    • Exit & Claims
      • Timeshare exit
      • Timeshare claims
    • News & Cautions
      • Consumer complaints
      • News & Cautions
    • Contact Us

+44 (0)161 526 3255


  • Home
  • Service Overview
  • Timeshare
  • Exit & Claims
    • Timeshare exit
    • Timeshare claims
  • News & Cautions
    • Consumer complaints
    • News & Cautions
  • Contact Us

Terminate timeshare contract

Why owners wish to cancel

There are many reasons that owners wish to offload the burden of their timeshare contract. 


Below you will find some reasons why consumers of timeshare products want to terminate their ownerships.


  • Ever increasing maintenance fees making the ownership either unaffordable or not financially viable.
  • Lack of availability.
  • Mis-selling.
  • Inability to travel, maybe due to health or lack of funds.


Ways to get out of your timeshare contract


Cancelling during cooling off period


It is mandatory that all timeshare contract should be issued with a 14 day cooling off period in writing. 


This is to give the consumer time to reflect and consider the purchase and to ensure they are entirely comfortable with the contract. However, if within this cooling off period you feel you no longer wish to proceed with the purchase, then by following the rules and guidelines within your contract you can cancel. In this situation there are no requirements to provide an explanation or reason for wishing to cancel.


It is also against European laws for a timeshare resort, developer or sales agent to take any sort of payment from a consumer during this mandatory cooling off period.


Cancelling following the expiration of the cooling off period


Without the use of a timeshare release specialist, exiting your timeshare contract outside of the cooling off period will most certainly prove somewhat impossible.


Your timeshare has become a financial burden


If you can no longer afford your timeshare due to specific changes to your financial situation then you may be able to exit your timeshare contract. For example, if you have been made redundant, have been declared bankrupt or your financial situation has dramatically changed, then you may have grounds for termination. However, your resort or developer will not make this a walk in the park, therefore we would always advise you to employ the services of a specialist.


Your timeshare was mis-sold


Should your timeshare have been mis-sold and this can be proven then most certainly there will be a way to legally exit your timeshare contract. 


There are many instances of mis-selling and the majority of resorts tick each and every box. 


Examples of mis-selling & consumer mis-representation: 


  • Perpetuity contracts / contracts of 49+ years
  • Irresponsible selling of financial packages
  • Sold as an investment
  • Deposit taken on the day or. during mandatory cooling off period


Should any of the above be relatable then do not delay contact Stephenson Cartwright & Associates. 

We will work tirelessly to both legally and conclusively terminate any obligations that you have towards your timeshare contract.

Stephenson Cartwright & Associates

Lincoln House 125 Deansgate, Manchester, M3 2BY

Telephone: +44 (0)161 526 3255  Email: enquiries@stephensoncartwright.com


Stephenson Cartwright & Associates is not a law firm and does not provide legal services. Any legal services undertaken with a legal partner introduced by Stephenson Cartwright & Associates will be done so and governed in its entirety under the contractual terms as provided by the legal partner. Stephenson Cartwright & Associates accepts no liability for non conformance in any part of a third party contract.


All consumer claims are referred to and undertaken by registered and duly regulated FCA Claims management companies.


Copyright © 2023 Stephenson Cartwright & Associates - All Rights Reserved.


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