Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, pursuant to the Answer of 31 October 2025 to Question 84448 on Timesharing: Regulation, whether his Department plans to (a) review and (b) extend the 14 day exit right in the Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010.
Enabling consumers to exit timeshares is a balance between protecting consumers wanting to leave and the interests of the business and those customers who remain and share admin costs. The Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010 provide significant protections, including stipulating the information consumers must be aware of prior to purchase and a 14 day right to exit. This exit timeframe is in line with other areas of consumer law, such as The Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013. Purchasers of timeshares are also protected by general consumer law, requiring contract terms be fair and not mis-sold.