As the timeshare industry responds to the crisis of thousands of ageing owners trapped in apparently everlasting contracts, dozens of Scottish owners are embroiled in a bitter legal battle with a resort just over the Border. The Herald last week highlighted how a
This week the 23,000 owners at Macdonald's nine resorts have been voting on its industry- leading proposals to allow a contract exit on payment of four years' maintenance fees, though the
Now one group of owners, including more than 100 from
They say owner
"We have got people with power of attorney, members well into their eighties, and the membership profile is 80 per cent over 60.
"The members are trapped and soon many will have no ability to meet the fees and no hope of escape from their contract. "
In 2012 a poll of members found 234 wanting to exit, but when a buy-out offer was made available to owners last year, the cost was about 10 years' maintenance fees, Mrs Nasmyth said, or in her case more than pound(s)6,000. She said Akeld had taken many members to court for non-payment, which meant they were never able to use their timeshare as they were permanently in arrears, but were still responsible year on year for escalating maintenance fees.
"Some members are the subject of IVA (voluntary bankruptcy arrangements) who have approached Mrs Allan to be released but to no avail," Mrs Nasmyth said. "Other members have surrendered their certificates and "resigned" from the club, to have their resignation and membership certificate returned." Mrs Nasmyth estimates that up to 150 members are based in
"We are about to move to arbitration on a list of grievances, as ruled by a judge at a hearing in March, and it has taken us three years to reach this point. We have used the club constitution to call special general meetings and put forward resolutions in efforts to open negotiations with the owner, but every attempt has been dismissed."
Mrs Nasmyth added: "
"Unless the message gets through to these timeshare developers that ultimately the business model is defunct, the crisis will continue."
On its external sales website, the business says: "In recognition of all the awards achieved and standards maintained,
The Herald put a list of questions by e-mail to Mrs Allan this week but has received neither an acknowledgement nor a reply.
A spokesman for Macdonald said: "
As the timeshare industry responds to the crisis of thousands of ageing owners trapped in apparently everlasting contracts, dozens of Scottish owners are embroiled in a bitter legal battle with a resort just over the Border.
The Herald last week highlighted how a