What to do with money for short term (6-8 months)

richiebradford

Hi There,

Later in the year I will be selling my house and will not be looking to buy again untill early next year. From the sale I should have about £30K that I will need to put somewhere before I look to buy again.
Whats the best thing to do with the money in the meantime?

Thanks.

Shinds

Safest and easiest thing to do - Would be to put the money is a High Interest Savings account.

Egg Savings
ING
Bradford & Bingley
Alliance & Leicester.

Also, you need to think about weather you want your interest paid annually or monthly - I prefer monthly

[Deleted User]

I'm in a similar boat
[/B[BI know you can get 5.50% on your savings
(Egg and Nottingham "post it " 90 day notice a/c pay this rate)[/B][/B][/B]
Will let you know if I can find higher rate. :rolleyes:
TD

richiebradford

Thanks guys, appreciate the advice.