We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
Where to put £50k?

geordie_ben
Posts: 3,118 Forumite
I need a temporary home for £50k, probably only for a max of 6 months.
Which accounts would it be best put into? I've already got a 123 account which is full
Ideally I don't want to open a load of accounts as I'll be applying for a mortgage with the money soon (once I find a house). I just want to earn as much interest as possible on it
Any suggestions?
Which accounts would it be best put into? I've already got a 123 account which is full
Ideally I don't want to open a load of accounts as I'll be applying for a mortgage with the money soon (once I find a house). I just want to earn as much interest as possible on it
Any suggestions?
0
Comments
-
Realistically you are looking at easy access savings accounts and low interest, 1.4% if you're lucky0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 349.6K Banking & Borrowing
- 252.5K Reduce Debt & Boost Income
- 452.9K Spending & Discounts
- 242.5K Work, Benefits & Business
- 619.2K Mortgages, Homes & Bills
- 176.3K Life & Family
- 255.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 15.1K Coronavirus Support Boards