Best account for short term house sale proceeds

mjh1975

I am looking for some advice on the best place to park circa £200K proceeds from a house sale. Please assume NISA not an option and primary objectives are:

1. to maximise short term interest gain opportunity
2. to ensure quick access to cash for next house purchase
3. avoid risk of bank collapse

Thanks

PeacefulWaters

National Savings Direct Saver. Open in advance with £1.

Rate is adequate. Fully backed by government. Interest paid gross so remember to declare for tax.

http://www.nsandi.com/savings-direct-saver

For better interest take a look at these but remember the £85k FSCS limit and, in some cases, funding/direct debit hoops:

http://www.moneysavingexpert.com/savings/savings-accounts-best-interest?_ga=1.147732215.1116300417.1393518509