France holds great value for british buyers in 2015

The dream of owning French property is a more affordable reality for many Brits Photo: JPEStana

Concerns about the eurozone have seen uncertainty spread across the country once more, but the euro's weakness is only boosting the British pound's strength, says Angelos Koutsoudes, Head of the Overseas Guides Company (OGC).

"Fresh worries about the Greek economy and the European Central Bank’s (ECB) ability to stimulate the Eurozone economy has led to an immediate strengthening of Sterling in the first week of January," says Koutsoudes.

"This of course goes in favour of UK buyers. Then, given how tough the year ahead is looking for the Eurozone, interest rates are not likely to rise again in the foreseeable future, meaning French mortgage rates should remain very attractive and could even fall further below three per cent and the current historic lows."

France's property prices have already stagnated in 2014, despite mortgage rates hitting record lows. Combined with the attractive exchange rate, France's conditions are increasingly favourable, he adds.

"All the ingredients are there for British buyers to find their dream French home at an attractive price. Just compare what you could buy with the average UK house price of circa £190K (or €243K) in France and the UK, and the appeal of France is easy to see."

FranceBuyingGuide.com - managed by OGC - will be exhibiting and offering free assistance to French property-buyers and expats at The France Show at London's Olympia from 23rd to 25th January. The first ever French property auction in the UK will be held at the event.