Rising number of brits buy homes in france

An increase in the number of Brits purchasing property in France has been noted by one real estate expert in the nation.

Richard Deans, head of the UK sales office for MGM Properties, revealed there were more than three times as many buyers interested in homes in France during January this year, than there were in 2010.

He added that real estate in the country's ski resorts has proved particularly popular over the past couple of months, while sterling's strength against the euro has helped encourage people to enter the property market.

"It seems that many of them [buyers] had just been waiting for the exchange rate to go back to 1.2 per cent, significantly reducing their outlay on a new ski property compared with the amount they would have paid a few months ago," Mr Deans stated.

Source: PropertyShowrooms.com