THE MISSELLING OF TIMESHARES

Early day motion 1720, tabled 17 October 2018 by Tommy Sheppard (Scottish National Party). Signed by 61 members.

That this House is concerned that the sale of membership of timeshare schemes and products often involves practices which are psychologically manipulative, use misleading information and unfairly exploit vulnerable, often elderly, consumers, leading to those consumers taking out very expensive borrowing commitments which they cannot afford; notes that the sale of membership of such schemes also ties consumers into very long-term commitments to pay large annual fees to the timeshare companies whether or not these consumers are able to make use of the schemes often leading to financial and emotional crisis and even physical illness; and is further concerned that the present UK legislative framework needs revising and improving to provide adequate protections from these practices and a method by which consumers can leave these schemes and bring their liabilities under them to an end.

Signatures by party: Scottish National Party 19, Labour 18, Conservative 11, Liberal Democrat 5, Labour/Co-operative 4, Plaid Cymru 3, DUP 1.