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Investing £500,000

Right savers, I have some friends who are coming back to Britain from Australia. They have sold the house in Sydney. They are coming back in October, just sorting out stuff. They have £500,000 they want to invest. No risk at all (as it will be used to buy a house in the UK). The Husband is Australian, and the Wife is British. All the paperwork has been sorted for them to come back. So what do people suggest?

Await to hear from you all.

Comments

  • dunstonh
    dunstonh Posts: 120,015 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    No risk at all (as it will be used to buy a house in the UK)

    In which case they dont want to invest but save.
    So what do people suggest?

    Look at the list of savings accounts when they come back to see which best meets their needs.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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