Esther Shaw

Jan 20, 2025 | telegraph.co.uk | Esther Shaw

If you have found yourself in the nightmarish position of paying a crippling rate of interest on your home loan, while being unable to switch to a new lender, you likely qualify for the unfortunate label of being a “mortgage prisoner”. Anyone in this situation is certainly not alone – there are currently thousands of British mortgage holders in the same boat, trapped in properties with very high mortgage rates. In many cases this is through no fault of their own.

Jan 17, 2025 | telegraph.co.uk | Esther Shaw

In the same way that workers must pay tax on their earnings, landlords also have to pay tax on the income they receive from tenants. While buy-to-let investors used to pay tax on rental income “net of mortgage costs”, they can now only claim a 20pc tax credit on their mortgage interest payments, which has eaten into profits. Here, Telegraph Money explains how tax on rental income is calculated, and what it means if you have multiple properties and rentals overseas.

Jan 7, 2025 | forbes.com | Esther Shaw |Bethany Garner |Katie Brain

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Dec 4, 2024 | telegraph.co.uk | Esther Shaw

Labour has set a target of 600,000 installations by 2028 Credit: demaerre/iStockphoto Heat pumps may have been championed by the Tories as a key tool in the UK’s efforts to achieve net zero, but Labour has now taken over the mantle as it continues the Boiler Upgrade Scheme. On November 21, energy secretary Ed Miliband announced more money for the Government-backed initiative that cuts the cost of heat pump installation. The hope is that the £30m cash injection this financial year – increasing...

Nov 21, 2024 | finance.yahoo.com | Esther Shaw

Woman looking at charts on her laptop If you’re looking for a way to generate some extra cash, then you might like the idea of earning some “passive income”. Get it right, and you could find yourself with a reliable income for years to come – and in theory it should be achieved without having to put in a vast amount more work. Here, Telegraph Money explains what passive income is and gives some examples of how you could make it.