Best place to stick £20k for 7 months?

MoneyBob

I've got £20k sat in my deposit account ready to pay off a chunk of mortgage in January 2016 when I next can pay off 10% without incurring a penalty.

I have my full ISA allowance remaining this year.

My deposit account pays a pittance in interest.

Toying with the idea of putting £15k in my Hargreaves Lansdown ISA and investing it in something very safe.

But will the charges for trading in, and out, and withdrawal fees overcome any likely gains I might make from a 'safe' investment option?

Any other suggestions? Zopa perhaps?

badger09

MoneyBob wrote: »

I've got £20k sat in my deposit account ready to pay off a chunk of mortgage in January 2016 when I next can pay off 10% without incurring a penalty.

I have my full ISA allowance remaining this year.

My deposit account pays a pittance in interest.

Toying with the idea of putting £15k in my Hargreaves Lansdown ISA and investing it in something very safe.

But will the charges for trading in, and out, and withdrawal fees overcome any likely gains I might make from a 'safe' investment option?

Any other suggestions? Zopa perhaps?

Santander 123 current account?