“I have never been able to achieve a successful exchange using my exchange company

“Timeshares are easy to buy, they are not so easy to sell. Timeshares are worthless.”

“I never realised when I signed that it was for perpetuity – forever. If I die the liability goes to my estate. There is no exit policy.

“We paid £5,000 for our timeshare and the finance company has been charging an exorbitant rate of interest, plus the loan is secured on our house, so I really need to get this sorted.”

Hundreds sue timeshare club in ‘swap scam’

Nearly 500 British holiday timeshare owners go to court today in an attempt to recover millions of pounds in alleged damages after claiming that the scheme was a scam.

A High Court judge in London will hear 487 members of a worldwide timeshare exchange club allege that the bosses of RCI Europe “skimmed off” the best properties by selling them, despite having said that they would make them available for exchange.

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