With the holiday season well underway, Britons are starting to head overseas in their droves.  But what about those people who are yet to book for this summer – are there still competitive prices to be found?

The good news is, there are plenty of great deals around at the moment meaning there’s still time to bag a bargain break.  Equally, as prices have been reduced in many popular resorts in recent weeks, you may well be able to get away for a lot less than you think right now.

The continuing strength of sterling against the euro is good news for those looking to head to Europe, with Mediterranean favourites such as Spain remaining popular.

Greece has taken a bit of a battering, with bookings declining considerably as holidaymakers gave it a wide berth, fearing their money wouldn’t be safe.

However, the pro-bailout parties have now succeeded in forming a Coalition Government which means Greece is likely to remain in the Euro – at least for the time being.

In fact, for those looking to cash in on the weak euro, Greece now looks like one of the cheapest holiday destinations in Europe, but aside from this, there are also some keen deals on offer in the Balearics and Canaries, with a host of packages heavily discounted.

That said, if you’re hoping to cash in on your increased spending power you need to do your research – checking resort costs as well as package prices.

New findings in a report from the Post Office showed that while Spain’s Costas and Turkey were perceived to offer the best value, Portugal and Bulgaria were actually cheaper.

This is based on research combining the lowest available price for a week’s flight-inclusive holiday for two with the daily cost of drinks and eating out.

Crucially, this demonstrates just how important it is to not only look at the cheapest price when booking a holiday, but also to look at what is included in that price.

If you’re looking to venture a little further afield to destinations outside the eurozone this summer, both Egypt and Tunisia are likely to be popular again despite recent unrest, while Dubai remains another competitively-priced mid-haul option.

For those still looking to book, the key is to be as flexible as you can in terms of departure dates and destinations to keep a lid on costs.  Also consider flying midweek or at unsociable times, as this can help keep the price down.

When booking your holiday, make sure it’s with a name you know and trust, and remember that by ensuring your trip is ATOL-protected you can be sure of getting compensation should a holiday firm or airline fail.

With significant savings still up for grabs at this point in the season, leaving it late could be a smart move this year so here’s a pick of some of our best summer holiday deals.