Here the Timeshare Consultancy team answers some frequently asked questions about timeshare and holiday ownership exchange.
 
 
 Timeshare is the purchase of the amount of time you wish to vacation in luxury resorts.
 There are 5,425 resorts throughout the World, meaning you can holiday wherever you wish.
 There are 6.7million timeshare owners.
 There are 10.7million timeshare weeks owned throughout the world.
 
 Maintenance fees are paid direct to the resort and generally pay for the upkeep of the unit, the utilities, the cleaning and repairs, resort property insurance, the upkeep and replacement of general use resort amenities.
 You will receive your deed after your contract has been paid in full and the transfer of ownership has been completed with all official recording agencies.
 
 
 Resort Condominiums International, generally known as RCI are the largest timeshare exchange company. RCI has been exchanging timeshare weeks between owners for 30 years. RCI exchange timeshare weeks in over 3000 resorts in over 85 countries.
 Interval International, known as I.I. exchange timeshare weeks between owners in over 1700 resorts across 35 countries.
 Both RCI and II will provide their members with a yearly listing of resorts. Both offer exchanges between members meaning you can trade your timeshare week with someone else’s anywhere in the world.
 RCI and II do not own the timeshare resorts they are exchanging; they are independent companies with an affiliation to the resorts. Annual membership fee for RCI is £72. Annual membership fee for II is £69
 
 
 Arranging an exchange is a very simple process; you get in touch with your exchange company and tell them what you require.
 You can exchange for a different week to the one that you own.
 You do not have to wait for someone to take your week, the exchange company will bank it and your exchange is booked. You may make an exchange and then purchase a Guest Certificate, which will allow someone else, such as family and friends to use your exchange. Guest certificates are £36 from RCI. You can even just bank your week without making an exchange, ideal if you are unable to vacation due to commitments.