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Oh No , Stouts Hill in Uley, England has been sold !

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  • Oh No , Stouts Hill in Uley, England has been sold !


    Just received an e-mail from Stouts Hill timeshare in England in regards to an inquiry I sent them. We were thinking of purchasing a unit there, as we have exchanged in there MANY times over the years and LOVED each stay. Received an e-mail back saying that it has been sold as of the end of March, but the new owner may be renting the mews cottages for awhile. I am not sure what happened , and am trying to find out . It is a BEAUTIFUL resort, and we stayed so many times always in a different unit in the main house or mews cottages, and all were lovely. Has anyone here heard about this or know anything? As of now I don't know if it will be privately owned, or what.

    So many are gone over the years, Schloss Grubhof in Austria , Brantridge Park, England, our own lovely Ferienclub Eichenhof in Austria, Seehotel Alpenrose in Hohenschwangau Bavaria, Broome Park in England, Allen House Club in London, lovely Sloane Garden Club in London, and now Stouts Hill, England . All were lovely and we stayed at all multiple times. VERY sad to see another gone. :

  • #2
    There may be some information of the British timeshare site - Timeshare Talk

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    • #3
      Thank you for the info. I registered at the site and it is still awaiting approval. It is a UK based board so hopefully when I can get into their site there will be more info.

      damn doublepost

      Thank you for the info. I registered at the site and it is still awaiting approval. It is a UK based board so hopefully when I can get into their site there will be more info.

      Comment


      • #4
        Some of the European timeshares only have leaseholds on the property, and when the lease expires, so does the timeshare. That is what happened at Broome Park where I owned two summer weeks. Allen House and Sloane Gardens were two others that to my knowledge were leaseholds and the lease expired.

        I have traded into Stouts Hill twice using DAE and it was a great resort. I am not certain if it was a leasehold or not, but it had a member-controlled HOA. One of my trades happened to be during one of their board meetings and I got to talk to a few of the HOA directors. They had had a problem with a secondary developer who had bought out the remaining inventory of the original developer and was trying to gain control of the HOA with its voting block of weeks. They had nipped that in the bud by changing to by-laws to give each owner only one vote at the annual general meeting, regardless of how many weeks they owned. I was very impressed with their hands-on member BOD.
        Carolinian
        Super Moderator
        Last edited by Carolinian; 03-13-2019, 12:15 PM.

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        • #5
          I emailed the desk a few weeks ago and was told the resort became in solvent and had to be sold. According to the email, it was purchased by a private owner, who may rent out the mews cottages. We had stayed there many times, probably 6 or 7 times over the years and loved the place. Very sad, the email also said the owners were understandably devastated.
          Carolinian, do you remember Schloss Grubhof, ? They became insolvent awhile ago. Another lovely place.

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          • #6
            Originally posted by mav View Post
            I emailed the desk a few weeks ago and was told the resort became in solvent and had to be sold. According to the email, it was purchased by a private owner, who may rent out the mews cottages. We had stayed there many times, probably 6 or 7 times over the years and loved the place. Very sad, the email also said the owners were understandably devastated.
            Carolinian, do you remember Schloss Grubhof, ? They became insolvent awhile ago. Another lovely place.
            Yes, I traded into Schloss Grubhof several times. I enjoyed it immensely.

            I used to own a summer week at Golden Tulip Zandvoort in the Netherlands, which also was sold, but for different reasons. They only had four units, and were located within a hotel, and did not get in financial difficulty. They were organized as a coop, and the board was getting some age on them. They asked others to step forward to serve on the board, and no one did, so they then suggested the units be sold and the coop wound up, and the membership voted to do so. The good part was that I got several multiples for what I had paid for my week out of that sale. The bad part was losing the best RCI trader I ever had, and with a very low m/f. Of course, the way RCI subsequently went to the dogs, in a few years, that part of it would no longer have mattered.

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            • #7
              Originally posted by mav View Post
              I emailed the desk a few weeks ago and was told the resort became in solvent and had to be sold. According to the email, it was purchased by a private owner, who may rent out the mews cottages. We had stayed there many times, probably 6 or 7 times over the years and loved the place. Very sad, the email also said the owners were understandably devastated.
              Carolinian, do you remember Schloss Grubhof, ? They became insolvent awhile ago. Another lovely place.
              Yes, I traded into Schloss Grubhof several times. I enjoyed it immensely.

              I used to own a summer week at Golden Tulip Zandvoort in the Netherlands, which also was sold, but for different reasons. They only had four units, and were located within a hotel, and did not get in financial difficulty. They were organized as a coop, and the board was getting some age on them. They asked others to step forward to serve on the board, and no one did, so they then suggested the units be sold and the coop wound up, and the membership voted to do so. The good part was that I got several multiples for what I had paid for my week out of that sale. The bad part was losing the best RCI trader I ever had, and with a very low m/f. Of course, the way RCI subsequently went to the dogs, in a few years, that part of it would no longer have mattered.

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              • #8
                Hi Mav, (my husband posted this on another forum, but I thought I would try and get this information to you as well).
                I can tell you exactly what happened as I am an owner - well, now former owner! Stouts Hill was one of the rare true timeshares where we all owned an actual percentage of the property itself. My husband and I owned two apartments, one in the mews and one in the main building. As it was a true timeshare, we had owners meeting and maintenance budgets with conservation plans etc and the resort was very popular. A couple of years ago, it was floated by some of the owners that the property market was good and we could possibly even look at moving the property on if the conditions were right. It was voted on and decided that we would request the staff to have an appraisal done. About a year after that, the results were discussed at the next AGM. By this time there was also some interested parties in the Cotswold property. It was put to the owners that the market was very good and we could vote on whether we wanted to sell. It came in unanimous that we would set a base price and then sell if it went over. It went over, by quite a bit more than any of us were expecting. All of this has taken several years to come to fruition and we had plenty of time to put aside generous staff severance packages (Maureen was especially amazing during the transition period) and they themselves had over a year to make plans before we set the date to close. We all had a final year to come and say our goodbyes to our beloved apartments. We loved staying here and were sad to sell, but the property is now going to be turned into a single private home, with the mews being possibly let out by the new owners in time. I know what you mean about missing it, but knowing the restoration plans by the new owners has made my husband and I very happy with our vote (I am a historian).
                I hope this helps give you some clarification and understanding about what happened. We didn’t need to sell and could have remained open, (we all loved staying here and making decisions about the place, plus it was a successful timeshare). It was just a very good opportunity when the offer came in, and from a family who wanted to restore it to its original grandeur.
                We owned our shares of the apartments for well over 10 years and they were a home away from home. We miss them already.

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