The Truth About Holiday Clubs: What You Need To Know
Holiday clubs may seem like a great idea, with the promise of buying cheaper holidays from particular companies, unfortunately, this is not always the case. There are some things that as a consumer, you should think about before purchasing a membership with a holiday club.
What you need to know
- If you buy a holiday club membership and decide at a later date to sell it on, it can be notoriously difficult to do so and consumers often end up stuck paying annual fees even if they aren’t using it.
- The main reason for buying a holiday club membership is to save money on holidays. In reality, there is a very high chance you will be paying the same amount as in a high-street brochure, and won’t be saving any money at all.
- Some countries in the European Union have no regulations to protect holiday club members, meaning you could be left in a vulnerable state.
- You may think that with the holiday club membership, you are getting cheap holidays because the club owns the holiday accommodation. This is however not true. Holiday clubs do not own the accommodation, therefore, there is no guarantee that the location and times you want to go on holiday will be available.
What to watch out for
Presentations for holiday clubs can be full of high-pressure selling techniques. Watch out for things that may make you feel forced to make a decision. This can be things like..
- The presentation purposely lasting for hours, and you agreeing to the sale just to get out of there.
- Discounted offers that are valid only for you and for that day only, if it seems too good to be true, it probably is.
- Be wary if you are kept apart from other couples in the presentation and if the sales people hang around so you can’t have a private conversation with your partner. Remember you can walk away whenever you want to.
- If someone tries to force you to stay or coerce you into buying anything, they are committing a criminal offence.
- Don’t agree to anything on the spot, take it home and look at the small print and make sure you are fully informed.
If you decide a Holiday Club is for you, make sure that you research the company and compare it to other providers. Make notes of what you are promised and make sure it’s in the agreement that you sign. Ensure that you understand what your rights are when it comes to cancelling the agreement and that you have that in writing and you should always have a 14-day cooling off period in which you can change your mind.
If you would to find out your rights, get in touch with our friendly experts at TimeshareCompensation.co.uk who will be happy to advise you on your specific case.