Savings account until next year

TheWaltons_3

I am desperate to get repairs done on my house. We need a new Roof. It needs re felt and batoning, and a third of Slates replacing, we need the loft converting to make the house into a 3 bedroom again, and we need the staircase to be turned around so we can access the loft, without using a loft ladder.

I have debated getting a loan - have poor credit - but I am not being a Mug and paying 50% APR. No way Jose!

So, I have decided to save £100 a week into an account I can't access until next year. Can anyone point me in the right direction?

emma396

u might want to consider and isa or a regular savings account.
hsbc and lloyds have 8% regular savers.

Special_Saver2

I think you should either:

pay £400 per month into any good ISA until you reach the maximum £3,000
(see Kazza's excellent thread: Mini Cash ISAs: The Best ISAs Currently Available List )

or

put the first £250 per month into the Scarborough Building Society My Savings ISA which pays an amazing 6.8% tax free (see Kazza's page for the details, it is third from the bottom on the list in the first post) and then pay the remaining £150 per month into whichever non-ISA regular saver takes your fancy from this list Regular Savings Accounts: The Best Currently Available List

Hope that helps.