Mallorca's tourism appeal, coupled with the fact a series of new flights to the Spanish island are being launched, is likely to have a positive effect on the region's real estate, people hoping to find property in Balearic Islands may be interested to hear.

Both Jet.com and Thomas Cook are announcing new flight routes to Mallorca and both the rental market and second home market are likely to benefit from the increase in tourism.

Speaking to Property Community, Victor

Investing money in overseas property can be a good way for people to make their money work for them, it has been claimed.

According to Lloyds TSB International, if people make good decisions about where to buy and how to finance their purchase they can make a healthy profit from property abroad.

"With the help of extensive research it is possible to identify foreign property markets which are about to take off. For instance, areas which are close to planned new airports or high-speed rail links often

Reductions to interest payments may leave the neediest struggling to cover their mortgages

Disability and housing organisations are accusing the government of potentially forcing thousands of disabled homeowners into arrears or even having their properties repossessed because of cutbacks in mortgage benefits and care