Best Short Term Home for House Savings
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yellowpollycat
Posts: 32 Forumite
Hi, I'm lucky enough to have £170,000 from a house sale which I need to store until October 2017 when the new house sale goes through (waiting for a new build). I'm intending to put it in the NSI Income Bond account - but thought I'd double check with you experts first, thanks
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Comments
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NSandI is a sensible choice. Though you could leave it in a bank account since the protection has been extended to cover temporary deposits from house sales.0
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....but only for up to six months: https://www.fscs.org.uk/what-we-cover/questions-and-answers/qas-about-temporary-high-balances/#question1NSandI is a sensible choice. Though you could leave it in a bank account since the protection has been extended to cover temporary deposits from house sales.0
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