Timesharing: Misrepresentation

Summary

To ask the Chancellor of the Exchequer, whether her Department has had recent discussions with the Financial Ombudsman Service on resolving complaints of mis-sold timeshares in a timely manner.

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Timeline

1. 25 July 2024

   Written question

   To ask the Chancellor of the Exchequer, whether her Department has had recent discussions with the Financial Ombudsman Service on resolving complaints of mis-sold timeshares in a timely manner.

   Source: Commons

2. 30 July 2024

   Answer

   The selling of timeshares is outside of Financial Conduct Authority (FCA) regulation and therefore outside of the remit of the Financial Ombudsman Service (FOS), which can only consider complaints about FCA regulated activities. Where consumers have purch...

   Source: Written answer

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• · Treasury · Answering body

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