Timesharing: Regulation
The question
To ask the Secretary of State for Business and Trade, pursuant to the Answer of 15 September 2025 to Question 72662 on Timesharing: Regulation and the Answer of 20 October 2025 to Question 81170 on Timesharing: Regulation, what steps he is taking to ensure that fractional ownership schemes, as distinct from shared ownership schemes, are adequately regulated to protect consumers.
Answered by Kate Dearden
The Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010 stipulate the information consumers must be made aware of when purchasing timeshares. They also provide for a 14 day exit right, should the customer change their mind.
The Unfair Terms in Consumer Contracts Regulations 1999 and Part 2 of the Consumer Rights Act 2015 protect consumers from being held to unfair contract terms. The Consumer Protection from Unfair Trading Regulations 2008 and Digital Markets, Competition and Consumers Act 2024 address mis-selling by prohibiting misleading actions and misleading omissions that might lead the average consumer to make a different decision.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →