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what would you do????
mkh60
Posts: 7 Forumite
Dh and myself are having a bit of a problem a the moment..
any ideas or help please..
we own our own house on a good sized plot (big enough for 2 small houses) and in a small village, which is nice our problem is the house needs alot doing to it and quite frankly needs bringing up to the 21st century, (after trying to keep up with the initial renevation for 20+ years) so the idea is to pull the house down gather the savings we have between us and have a "building fund" which we will have to use to pay out of for the new house.. so far i have worked out about £30,000..
so where would the best place to put it and it has to be quiet easy to get at??
any ideas or help please..
we own our own house on a good sized plot (big enough for 2 small houses) and in a small village, which is nice our problem is the house needs alot doing to it and quite frankly needs bringing up to the 21st century, (after trying to keep up with the initial renevation for 20+ years) so the idea is to pull the house down gather the savings we have between us and have a "building fund" which we will have to use to pay out of for the new house.. so far i have worked out about £30,000..
so where would the best place to put it and it has to be quiet easy to get at??
0
Comments
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start here
http://www.moneysavingexpert.com/savings/best-cash-isa
instant access isas one each for you and your partner, you can only open one each per year thats 7200 taken care of. You need to do this before 5th april, on the 5th april open another 2. that would be 14200 done. This would be my start.
Natwest & RBS 3.51% instant access
Barclays 3.61% instant access
Halifax is 3 % fixed but only 4 withdrawels allowed a year. hope this helpsMortgage Start jun 2007 £88500 Outstanding Balance £51000
Overpayments 2007 Nil 2008 £1040 2009 £7853 2010 £10000 2011 aiming for £18000 (6k so far)
The Early Bird Gets the Worm, but the Second Mouse Gets the Cheese!!0 -
What the above poster said.
I would go for Barclays ISA, as it has the best interest rate around now.
I think putting it in an e-savings is also a good idea too. It depends which bank you choose though, as some interest rates for e-savings are now below 1%, while someare above that.0
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