French property market 'healthier than UK'

France could be a much more favourable property investment market than the UK, experts have suggested.

According to Shelter Offshore, Britain is currently in a "terrible" financial situation as a result of problems in the banking sector.

However, the organisation has said conditions on the other side of the English Channel are much better, which could possibly make it a good option for property buyers to consider.

Indeed, it stated that the entire French housing sector is in a "far healthier" condition than the UK.

"Prices in France are remaining stable on average with some regions actually reporting a price increase so far this year," it commented.

Shelter Offshore said this means it could be worth looking at potential investment opportunities in the country.

This comes after Stanley Tee LLP Solicitors stated that it is relatively easy to obtain a mortgage in France at a competitive interest rate.

The company added that its culture, good climate and cuisine are also helping to attract lifestyle buyers from overseas.

Visit our off-plan property France page.

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