Rising fuel prices 'affecting property investors'

France could become a popular market for UK-based property investors as a result of rising oil prices.

According to BuyAssociation, the increasing cost of fuel is likely to drive up air fares over the next 12 months.

Therefore, the website believes that people will shun long-haul destinations and instead travel to countries which are closer to Britain.

Paul Collins, property editor at the website, said the fact that fuel prices are continuing to rise means that that "things have to change".

He commented: "You may find that people will stick closer to home where they have an option to maybe go by train, or even drive, or find some other way of getting there rather than fly."

This comes after Virgin Trains revealed that "more and more" people are choosing to use the railway as a means of getting to destinations they might previously have gone to by car or plane.