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Deposit: Where to keep it?
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a4331085
Posts: 31 Forumite
Hi all
I currently have £22K of my deposit in my Nationwide current account + £2K fees (will increase by £500+ per month). I will be looking to get a mortgage in the next 6 months. Are the any decent places to save this money so that i have easy access to it but also not a miserable % as i've seen some products at just 1% if you want instant access.
I currently have £22K of my deposit in my Nationwide current account + £2K fees (will increase by £500+ per month). I will be looking to get a mortgage in the next 6 months. Are the any decent places to save this money so that i have easy access to it but also not a miserable % as i've seen some products at just 1% if you want instant access.
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Comments
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TSB current acc, santander 123, etc
Just spread it around the high interest current accounts. Details of which can easily be found on the MSE main website.£1000 Emergency fund No90 £1000/1000
LBM 28/1/15 total debt - [STRIKE]£23,410[/STRIKE] 24/3/16 total debt - £7,298
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Buy Premium Bonds with your £20K and if you win big then you wont need a mortgage...if you win small you would of beaten a lot of the best paying interest raste accounts, if you dont win a bean, then you will only miss out on 1 or 2 bargain buckets worth of interest anyway.
Good lucks"Dream World" by The B Sharps....describes a lot of the posts in the Loans and Mortgage sections !!!0
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