Banks increase staff to take in buy-to-let rental income

AIB will have 1,000 to 1,100 rent receivers in place by the end of this year.

At the time of the Oireachtas Finance Committee meetings with the chief executives of the Irish banks last September, AIB chief executive David Duffy said the bank had 40 rent receivers in place.

However, a bank spokeswoman confirmed that this would increase by up to 1,100 rent receivers by the end of next month.