No it's an apartment. They bought it because it's in the centre of Cannes with private access to the beach. They bought it at a bargain price for obvious reasons, not least the previous owner still living in the basement with no intentions of leaving even though he's been evicted , and could see they'd make a killing by doing it up and selling it on. I don't think they'll stay there long.I’m a bit confused - is this a house or an apartment..? Recently they refer to it as an apartment? If so am surprised that’s what they went with after all the villas they looked at. I love Fern but those outfits she wears to do work in..I could never not in a construction zone (well I could not wear those to a gym I am so self conscious lol).
Both of his French businesses are in redressement fiscal, last step to bankruptcy. His last company in England also went into liquidation still owing funds of which she was a director.She certainly comes from some money. She's shown her parents' house; they're not short of a bob or two. But I do think Ryan has done well with his business too.
Maybe why they sold the last house so fast nothing to do with wanting to live a slower life and not spending all free time doing house jobs or the financial guru Ryan spouting off about better to have money invested not tied up in a house bollocks !New Here, stumbled across this couple of fakers and had to do some background research. It's probably all been said before so sorry to repeat anything as II've only watched one vlog.
Fern is not registered as self employed in France, has she ever mentioned this and she doesn't seem to be a director or have a company in England.
Ryan on the other hand has a couple of registered French companies. BOTH are in "redressement fiscal" as we call it here. It basically means the last step before going bankrupt, you're trying to renegotiate your debts. I suspect he hasn't been paying his social charges/taxes and most likely paying for fern's lips to be enhanced.
He is registered as an architect in France, The research I did suggests that had a flooring company up north (Leeds) which also went out of business with one debt still outstanding.
Did they sell a house in England and run to France with the money that was left? they won't last five minutes here unless they're earning, all this talk of living on the riveria is cringe, I suspect every time they open their mouths it's BS.
Looking forward to some intel, Again apologies if my comments have already been said.
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Both of his French businesses are in redressement fiscal, last step to bankruptcy. His last company in England also went into liquidation still owing funds of which she was a director.
Re it being a flip I wonder if France has tax rules that mean that selling your primary home incurs no/less tax hence they will have to live in it for a while before selling..Yeah it's definitely a flip! It'll be worth a fortune seeing as it's in Cannes.
I'm sure the previous owner will leave - they couldn't live in it with him there, so they'd have to get the police and social services involved before that point.
Exactly this. It's basic knowledge, that if she integrated herself into the French culture a bit more, as she should have, she would know. August is holiday time on the Mediterranean. Shops close. They're pissing and panicking now. I'd be more worried about the previous owner still living in the basement.Today they went shopping for skirting boards and were surprised to see shops closed.
I don't live in France and even I know the French take holidays in August and a lot shops will be closed then. Fern was really annoyed and said: hope you enjoy your holidays, you ruined our plans. And then said: You prepare everything and then this happens. Uhm... no Fern, this means you were not prepared. Being prepared doesn't mean Googling a shop and drive there 1 day before you need the material. It means calling the shop and asking if they have the required material in stock. Because in another shop that was open, they found out the material had to be ordered... shocking
Ryan even works in construction, how does he shop for materials other years during summer?
And surely he must know as a professional builder that materials need to be ordered in advance.
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