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Shortterm rent , hence i need to deposit the balance from my house sale
williams55
Posts: 164 Forumite
Im moving home in the next few weeks and wont going to my new home till jAN . Hence i need to use the equity earned to bring me in some money for the rent of a shortterm property .
I shall be walking away with £173k , whats the best thing i should do with the money . I need to be able to access it at any time in case i get a early completion date for my new home . My rent will be £650 per month .
Any advice would be greatly welcomed . I notice that some banks etc add interest yearly , thats not going to suit me . I basically want somwhere with a good rate that adds my interest every month or better still every week .
thanks
williams
I shall be walking away with £173k , whats the best thing i should do with the money . I need to be able to access it at any time in case i get a early completion date for my new home . My rent will be £650 per month .
Any advice would be greatly welcomed . I notice that some banks etc add interest yearly , thats not going to suit me . I basically want somwhere with a good rate that adds my interest every month or better still every week .
thanks
williams
something missing
0
Comments
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I think Yorkshire Bulding Society do an internet account where you can opt for monthly interest - pays slightly less interest than the yearly one, but it's still close to 5% I think.0
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Alliance and Leicester have a high interest account at present - you have to put £1000 a month into it, but you can "re-cycle " £1k surely !! also ING0
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