Department for Business and Trade written question – answered at on 31 October 2025.
James McMurdock
Independent, South Basildon and East Thurrock
To ask the Secretary of State for Business and Trade, pursuant to the Answer of 15 September 2025 to Question 72662 on Timesharing: Regulation and the Answer of 20 October 2025 to Question 81170 on Timesharing: Regulation, what steps he is taking to ensure that fractional ownership schemes, as distinct from shared ownership schemes, are adequately regulated to protect consumers.
Kate Dearden
Parliamentary Under Secretary of State (Department for Business and Trade)
The Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010 stipulate the information consumers must be made aware of when purchasing timeshares. They also provide for a 14 day exit right, should the customer change their mind.
The Unfair Terms in Consumer Contracts Regulations 1999 and Part 2 of the Consumer Rights Act 2015 protect consumers from being held to unfair contract terms. The Consumer Protection from Unfair Trading Regulations 2008 and Digital Markets, Competition and Consumers Act 2024 address mis-selling by prohibiting misleading actions and misleading omissions that might lead the average consumer to make a different decision.
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