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Money from house sale

Burlesque_Babe
Posts: 17,547 Forumite

I am going to be putting my house up for sale in the next couple of weeks and will probably come away with approximately 60k after fees (obviously depending on the sale price). I won't be looking to use it as deposit for a different property.
Other than fill up an ISA for this year and then again next April, what would be the advice on where to put the rest of the money? I am thinking a combination of having a small amount (perhaps 5k) available instantly as emergency funds, then some (perhaps 15k) available as medium term investment and the rest being put away for longer term.
This will be the most money I've ever had to squirrel away and I was just wanting a bit of help on the top tips for where to investigate.
Other than fill up an ISA for this year and then again next April, what would be the advice on where to put the rest of the money? I am thinking a combination of having a small amount (perhaps 5k) available instantly as emergency funds, then some (perhaps 15k) available as medium term investment and the rest being put away for longer term.
This will be the most money I've ever had to squirrel away and I was just wanting a bit of help on the top tips for where to investigate.

:j:jBecome Mrs Pepe 9 October 2012 :j:j
0
Comments
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If you simply want to put the cash into savings accounts, look on the main part of this website. https://www.moneysavingexpert.com/banking/
If you are asking the question of how to save/invest for the future, it depends on your age, income, spending, employment prospects, responsibilities, pension arrangements, etc. -- that's a bigger issue. Take your time and do your research.0
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