Written Question·Treasury·UIN 1808

Timesharing: Misrepresentation

Tabled: 25 July 2024
Answered: 30 July 2024
Named Day

Question

Sarah Owen

LabourLuton North

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.

Answer

Tulip Siddiq
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...

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