An Irish landlord broke down in tears today as she revealed how she is holding down two jobs to pay her mortgage - because her tenants have refused to pay any rent for the past year. Ger, a caller to RTE’s Liveline, admits that she is a “reluctant landlord” since she only decided to rent out her dream...

Allied Irish Banks has announced a .25pc drop in variable interest rates for new and existing customers. In addition, the banks EBS and Haven customers will benefit from a 0.38pc cut, the bank added today. The cuts will take effect over the next couple of weeks and will benefit about 160,000 customers. Following the move, AIB customers with...

ONE of the biggest buyers of Irish assets since the downturn has raised more than €5bn to spend on property in Europe and elsewhere. Lone Star Funds, which is headed by Irish American John Grayken, has closed its Lone Star Real Estate Fund IV after taking in some $5.8bn (€5.3bn) from various investors, including Mr Grayken himself. The...

This weeks' retail sales figures augur well for those retail parks which accommodate car showrooms, DIY, clothing and footwear stores which showed increased sales. But the CSO figures underline the challenges faced by those retail parks which do not have open use planning approval and are restricted to bulky goods such as furniture and electrical goods. Such challenges...