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  • FIRST POST
    • matty17r
    • By matty17r 8th Oct 16, 9:25 PM
    • 1,015Posts
    • 6,985Thanks
    matty17r
    Equity money in current house before completing on new build
    • #1
    • 8th Oct 16, 9:25 PM
    Equity money in current house before completing on new build 8th Oct 16 at 9:25 PM
    We are buying a new build and have to move into temporary accommodation after completing on our current house. We have equity in our current house so there will be a few weeks when this will be sitting around. Where would be a good place to put this money to earn some interest?
Page 1
    • john_white
    • By john_white 8th Oct 16, 9:37 PM
    • 503 Posts
    • 314 Thanks
    john_white
    • #2
    • 8th Oct 16, 9:37 PM
    • #2
    • 8th Oct 16, 9:37 PM
    A bank account
    Building Society account
    NSandI account
    • G_M
    • By G_M 8th Oct 16, 9:45 PM
    • 37,062 Posts
    • 40,988 Thanks
    G_M
    • #3
    • 8th Oct 16, 9:45 PM
    • #3
    • 8th Oct 16, 9:45 PM
    Go over to the savings investments forum.

    Or the banking forum (and look for high interest bank accounts).
    • matty17r
    • By matty17r 9th Oct 16, 8:08 PM
    • 1,015 Posts
    • 6,985 Thanks
    matty17r
    • #4
    • 9th Oct 16, 8:08 PM
    • #4
    • 9th Oct 16, 8:08 PM
    Thank u for your replies. I think they get fed up over on the banking forum with the question what to do with £k?
    • G_M
    • By G_M 9th Oct 16, 8:13 PM
    • 37,062 Posts
    • 40,988 Thanks
    G_M
    • #5
    • 9th Oct 16, 8:13 PM
    • #5
    • 9th Oct 16, 8:13 PM
    Probobly because it's been asked - and answered - so many times.

    So search for ealier threads on the topic!
    • ViolaLass
    • By ViolaLass 9th Oct 16, 8:43 PM
    • 4,726 Posts
    • 6,480 Thanks
    ViolaLass
    • #6
    • 9th Oct 16, 8:43 PM
    • #6
    • 9th Oct 16, 8:43 PM
    Probobly because it's been asked - and answered - so many times.

    So search for ealier threads on the topic!
    Originally posted by G_M
    Or look at the information provided by Martin/MSE elsewhere on this site.

    Do some research!
    • copperjar
    • By copperjar 9th Oct 16, 9:52 PM
    • 821 Posts
    • 1,818 Thanks
    copperjar
    • #7
    • 9th Oct 16, 9:52 PM
    • #7
    • 9th Oct 16, 9:52 PM
    Premium Bonds? That was our plan if we'd have rented for a while after selling.
    Total debt 1.11.10 £23,446
    Save £6k in 2015 #129 £6121.66/£6000
    Save £6k in 2016 #39 £5523.53/£6000
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