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Apartments now cost more to build than houses: experts

The cost of building a two-bedroom apartment is way in excess of the selling price, meaning few developments are likely to go ahead unless the Government tackles Vat, levies and other costs, a new report claims.

Finance Minister: ‘Stamp duty hike in national interest’

Finance Minister Paschal Donohoe has issued an unapologetic defence of his decision to increase the rate of stamp duty on commercial property transactions from 2pc to 6pc in the Budget.

What happens if my loan is sold?

If your loan is sold to a vulture fund or another bank all of the original contracts remain the same – though that includes the obligation to make repayments.

What happens if newly-built houses cannot find buyers?

If only there was a simple formula for predicting market crashes, we’d all get rich. (Well, those who knew it would). But there isn’t. Except that, just maybe, there might be when it comes to housing.

Ireland is a high cost location for small firms – SFA

Ireland is a high cost location for small firms, according to Linda Barry, assistant director at the Small Firms Association (SFA).

Fresh hope for families in tracker loans nightmare

Families have been given fresh hope that their tracker nightmare will end this year, after the Government threatened to hit banks with massive tax bills if they do not rectify the mess.

EU-US data transfer pact passes first annual review

A year-old pact underpinning billions of dollars of transatlantic data transfers won a green light from the European Union yesterday after a first review to ensure the US protects Europeans’ data stored on American servers.

AIB gears up to launch $2bn Project Redwood loan sale

AIB is preparing to launch the largest non-performing loan sale in its history next month as it embarks on the final phase of its post-crisis balance sheet purge amid a fresh crackdown on the sector from the European Central Bank.

‘I wanted to retire by 50 so I could enjoy life. My advice? Start saving’

Beryl Dunne, an IT manager who lives in Bray, Co Wicklow, is semi-retired and said she had to ramp up her payments so that she could retire when she wanted.

Explained: Why women are losing out on their pension payments

Changes to the way the State pension payment is calculated were introduced in 2012.

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