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Where to Put Lump Sum for the short term after Selling Home
florencefred
Posts: 4 Newbie
Hello
I need some advice as I really am not to good with money and investments.
I've just sold my property and while I wait to complete on my new property I really need to squirrel away the big lump sum I received from the sale, but I don't know where or how to start.
I imagine the purchase of the new property will complete in a month or so, so I only need a short term solution.
Any ideas will be gratefully received.
Thank you
I need some advice as I really am not to good with money and investments.
I've just sold my property and while I wait to complete on my new property I really need to squirrel away the big lump sum I received from the sale, but I don't know where or how to start.
I imagine the purchase of the new property will complete in a month or so, so I only need a short term solution.
Any ideas will be gratefully received.
Thank you
0
Comments
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If more than £85k (£170k for joint savings) then I'd advise it's split between banks, if not with NS&I, which is always 100% guaranteed.
CK💙💛 💔0 -
Thank you :-)0
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