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Profit from house sale
charle1980
Posts: 43 Forumite
Hiya
We are completing on our house sale and have 10 weeks living with parents until our new build is complete, we are going to have approximately £20k (i think) to save for 10 weeks and wondered the best thing to do with it.
TIA
CHarlotte
We are completing on our house sale and have 10 weeks living with parents until our new build is complete, we are going to have approximately £20k (i think) to save for 10 weeks and wondered the best thing to do with it.
TIA
CHarlotte
0
Comments
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It's not a long time (10 weeks) in Interest terms. So you need something that is instant access - also as the date you need the money could take you by surprise? See here :
http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1098730527,15721,#topaccounts
.... but, as it may take you a week or two to open a new account - you may be better sticking it in the best account you currently have. Or at least opening the best (instant access) interest account with your current Bank .. if you've got a pedigree with them and they'll do it in minimum time / possibly no ID.If you want to test the depth of the water .........don't use both feet !0
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