We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Where to deposit funds from house sale?
pookie
Posts: 83 Forumite
Hello. We have recently sold our home :j and are looking to buy another, but are renting in the meantime. I need to figure out the best way to spread the money so that 1) we get the highest interest 2) it is safe and 3) it is available within 3 months (at least- sooner if poss).
Any suggestions would be much appreciated.
Any suggestions would be much appreciated.
:A
0
Comments
-
Pretty much limited to instant access then, so maximum rate is currently about 1.7%, just look at the recommendations on this site.
Dependent on the sum if it is greater than £85k, or 170k if a couple, then either split it or put into national savings.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.5K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.2K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards