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's 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's 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.”