Property fund advice needed please

dancingfairy

I would make sure you have enough cash in the bank to cover your immeadiate needs, along with some sort of emergency fund - say 3-6 months worth of income (just in case). I would put it in a high interest account and probably a a cash ISA.
Then split the rest up and make sure you have a balance.

P.S I can't claim to know anything about investing but I would start with very low risk in terms of loss of capital (ie cash) as a base and then progress to other riskier things. Whether now is the right time to cash in I wouldn't know.
df

dunstonh

-If it is an investment bond and you are a basic rate taxpayer that would be another ground for complaint as the bond only conveyed benefit to high rate taxpayers.

That isnt grounds for complaint. The lower charges on investment bonds, can make up for the tax difference. Income within investment bonds is largely the same as unit trusts. Its growth where there are differences and whilst the fund is subject to 20% tax on the growth, the life companies can still benefit from taper relief and often the actual tax is closer to 10%. In a falling market, the life funds can actually outperform the unit trust funds they are based on as money put aside for tax is fed back into the unit price.

The issue for the OP is the amount into a property fund assuming there are no other investments. (e.g. the bond could be 100% property but if there are ISAs and unit trusts then they could have the diversification).