got around £40,000 best account for it?

Tom30_2

Hi all,

Soon i will be reciving around £80,000 after a someone in the family died, after paying of a few debts and most of morgage off i should have around £40,000 left over.

I am planning to extend my house which should take up the rest of the money but that shouldnt be for another 6-12months, so what do you recommend i do with the money in the meantime? (I was thinking of getting some intrest from it but im not sure whats best etc).

Thanks for any help you can give me!

P.S. i already have a £3000 isa :P

isofa

As you'll need it "soon", I'd put it all in a high-interesting paying 'instant access' on-line account, something like Sainsburys, Icesave or anything similar paying at least 6.20% gross.