In more recent years, it has become apparent that there is an increased demographic trend applying to the company and it’s membership. There are some cases where the company has been approached because:
1) A member is unable to use their timeshare due to genuine medical grounds.
2) A family member inherits a timeshare but does not wish to utilise it.
In such cases, requests have been made to simply surrender timeshare leases back into the ownership of the Company thus alleviating the liability to pay the annual Maintenance Charges*
Where leases have been surrendered there has been a policy of charging 4 x the annual maintenance charge for that week/s, as part of the surrender terms.
A new leaseholder ( including if inherited) under the terms of the lease is liable for any past Maintenance Charge arrears, these outstanding amounts transfer to the liability of the new leaseholder.
Executors of a Will cannot complete probate until any outstanding Maintenance Charges have been discharged from the Estate.
Each request received is taken on a case by case basis, the Board of Directors will look at each case on it’s individual merits.
Apart from the human considerations, the Directors also have to make such decisions based on the financial health of the Company at any one time.
1) In the first instance please write to us stating why you wish to surrender your lease:
The Blakeney Timeshare Limited
C/O Landlord Direct
21 Gordon Road
Copies of lost leases can in most cases be ordered directly via the solicitors retained by Blakeney Timeshare Management Ltd at a cost of £50 plus vat per document :
Ben Darlow, Shakespeare Martineau LLP, Two Colton Square, Leicester, LE1 1QH