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  • FIRST POST
    CrazyHorseB
    50k to save for 6 months
    • #1
    • 14th Nov 12, 12:22 PM
    50k to save for 6 months 14th Nov 12 at 12:22 PM
    I'm switching mortgage deals to the Tesco 2yr fixed at 1.99% and will be borrowing an additional 50k as part of the remortgage for a house extension we intend doing next year. Where/how should I invest it for 6 months?

    Most of my ISA allowance is full (I could squeeze a few thousand in).

    I obvously need fairly instant access and no bonus deals because I'll want it in 6 months.

    I don't mind splitting it up a bit e.g. I could spread 15k into 3 Lloyds Vantage accounts at 3% + a Santader 123.

    The best other savings accounts seem to be 2.4-2.5% (which is more than the 1.99% I'm paying on the mortgage anyway). Is there anything i'm not thinking of?
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