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Advice on savings money for mortgage
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mattih5
Posts: 204 Forumite
Thinking of applying for a mortgage between now and a years time. The money I have saved over the years is spread amongst several Cash ISA's and savings accounts. What is the best way to handle the ISA's? Simply close them and transfer the money into one pot or keep them open with a £1 in? I don't think I'll ever use them again as I fill contribute to a stocks and shares ISA at the moment and plan to for a while.
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Comments
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Thinking of applying for a mortgage between now and a years time. The money I have saved over the years is spread amongst several Cash ISA's and savings accounts. What is the best way to handle the ISA's? Simply close them and transfer the money into one pot or keep them open with a £1 in? I don't think I'll ever use them again as I fill contribute to a stocks and shares ISA at the moment and plan to for a while.
yeah just close them, do need having them open with £1 in.0 -
Transfer them to your S&S ISA.
why lose ISA tax free allowances0 -
Need the money for house deposit. So it looks like I'll have to close them.0
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