Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what steps his Department is taking to help prevent consumers being mis-sold timeshare agreements.
The Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010, as amended in 2018, provide consumers with robust protections relating to the sale, marketing and content of timeshare contracts. We keep the system under review and engage with industry representatives as appropriate.
Furthermore, the Consumer Protection from Unfair Trading Regulations (2008), which prohibit unfair commercial practices, are being restated in the Digital Markets, Competition and Consumers Bill, currently in Parliament. Unfair commercial practices include misleading actions and omissions which are likely to persuade consumers into taking decisions they otherwise would not have.