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More families moving to France but working in Britain, says Conti

There is a increasing trend towards families buying together in France but living apart during the week, says overseas mortgage specialist Conti Financial Services.

Conti&#39s regional manager for France Ben Maher says: “We are seeing more couples with children making the lifestyle change to move to France in order to clear debts and start a new life. This, of course is not unusual, however we are seeing more situations where the husband or father or the family will continue to work in the UK during the week. He will only return home to France at the weekends whilst his partner and the children live abroad full-time.”

Maher adds: “From Conti&#39s experience, for the most part families taking this route are in their late 30s or early 40s, with UK salaries that enable them to live very comfortably in France. It would appear that many who take this route are leaving the south-east of England, where strong house prices have enabled them to release the equity from their English house and take advantage of favourable euro mortgage rates to fund their move to France.”


Students face bill of £14bn on graduation day

On the day the Higher Education Bill is expected to go through parliament, figures from the Liberal Democrats reveal that top-up fees could see students graduating in 2010 with a total debt of £14bn. Phil Willis MP, Liberal Democrat shadow education secretary, said: “This figure is shocking. Higher education should be about ability to learn, […]

Industry split on King&#39s comments

Bank of England governor Mervyn King&#39s comments last week on the precarious state of the property market have split the mortgage industry. Though many brokers feel King&#39s comments were a risky attempt to instigate a house price plateau, an increasing number welcome his opinions. Andrew Frankish, operations director at Mortgage Talk, heralds the remarks as […]

Nationwide implements Experian&#39s Consumer Indebtedness Index

Nationwide has implemented the Consumer Indebtedness Index from Experian as an additional aid to help tackle consumer indebtedness. The CII has been developed as an aid to responsible lending and is being used by Nationwide to improve the quality of its credit granting decisions. It is designed to help identify individuals who may currently be […]

BMS acts to limit self-cert lending

The specialist lender has replaced the flat arrangement fee of £399 with a fee of 1% of the total loan, making it more expensive than competitors like Mortgage Express which has set its fee at £375. But BM Solutions&#39 director of mortgages Michael Bolton says this move was essential. He says: “If we hadn&#39t slowed […]

Jelf flexible benefits

In Focus: How to choose a flexible benefits provider — seven top tips

Jelf Employee Benefits looks at some of the key considerations employers should think about when reviewing and choosing a flexible benefits provider. Choosing the right benefits for your employees is one thing but delivering a successful employee benefits strategy is about understanding the complete picture and delivering it in a personalised way so that it resonates with each and every individual in your business. 


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