@SableGules Wow. Thanks for filling me in. So, they stayed in a holiday let on the niece’s farm for 18 months and kept going off for walking/wild camping holidays, rather than sorting out the debt and getting work.
@Vroomfondleswaistcoat, @RainyTuesdaysAndSunnyWednesdays and @HatStickBoots, I agree it does seem rather odd not to live on your own land if you have nowhere else to go. It doesn’t take a huge effort to get a ruin semi-habitable (unless structurally unsafe), or build a shack, compared to walking hundreds of miles and camping in a flimsy tent in the elements. It’s possible to get materials for free (e.g. pallets, freecycle etc) and I assume they had tools etc from their previous home.
But I guess they’d need a vehicle if the ruin was quite remote. Surely they had a car to get to their house in Wales. Was that repossessed/sold too, I wonder.
And the value of the land doesn’t seem to add up. If they paid €50k to save it from developers, then how could it end up worthless with no buyer interest? Why would developers lose interest? I know places can take years to sell in rural France, but then why be in such a rush to buy it? Sounds like someone saw them coming and sold them a pup! Possible there are financial liabilities attached, like local taxes. So perhaps didn’t turn up there, as debts there too.
What with the land in France and the shocking terms of the loan (secured on their home?) taken to pay back the allegedly embezzled money, they seem financially illiterate.