We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Money from house sale

I have just under £50,000 from house sale. I have yet to buy and am currently looking. Where is the best place to save my money so that I can access it quickly when I find a house to buy?

Comments

  • A couple of Santander 123 accounts should take care of £40k of it. The rest can be split between high-interest current accounts. Check out the banking tab at the top of the page.
    Thinking critically since 1996....
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Easiest is a Tesco Internet Saver. Doesn't pay the top interest but if you are concerned about that, you could pursue the top interest-paying current accounts (5%) and the top monthly saver accounts (4/5/6%). All these come with conditions and interest from £50K a month isn't life changing, so if you want an easy life, stick to the Tesco Internet Saver.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.8K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.8K Work, Benefits & Business
  • 600.2K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.