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Family buys into Butlins

This is Wiltshire - A Devizes family has become one of the first to buy their very own bit of Butlins. The Watsons have signed up to BlueSkies, Butlins' new timeshare scheme. Owners are able to take an annual break at Butlins for the next 30 years and save up to 50 per ...

Source: http://search.msn.com:80/news/results.aspx?q=timeshare

 

People interested in purchasing a timeshare are strongly advised to look online at the secondary market listings for the development they are interested in.

Developers put a very large mark-up on new inventory and a new owner will find the resale value of their timeshare to be half or less of what they purchased it for. In the very worst of cases, timeshare resales are virtually impossible and users are stuck paying fees indefinitely.

This is what is commonly known as the "timeshare trap". Sometimes, when it happens, owners can talk to the resort and the resort may be willing to take it back if there is no loan attached to it and the maintenance fee has been paid. Sometimes, there are various charity groups that are willing to accept a timeshare if no loan is attached and the maintenance fee is current.

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