Written Question·Treasury·UIN 1808
Timesharing: Misrepresentation
Tabled: 25 July 2024
Answered: 30 July 2024
Named DayQuestion
Sarah Owen
Labour — Luton 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 SiddiqThe 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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