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Saving for First House, where should I put my money?
DavidWFC
Posts: 97
Forumite
I have a help to buy isa where I've used the 1200 initial deposit and currently deposit 200 a month in to get the government help incentive.
But I'm currently putting a side and additional 400 a month which I'm leaving in a separate current account as I understand I'm not allowed two isa's. Is this the best thing to do or can I make a little extra on my 400 a month? Hope to have a 5% deposit for mortgage and little extra for other costs in 12 - 18 months so don't want anything to long term.
But I'm currently putting a side and additional 400 a month which I'm leaving in a separate current account as I understand I'm not allowed two isa's. Is this the best thing to do or can I make a little extra on my 400 a month? Hope to have a 5% deposit for mortgage and little extra for other costs in 12 - 18 months so don't want anything to long term.
0
Comments
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Regular saver account(s), see http://www.moneysavingexpert.com/savings/best-regular-savings-accounts0
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http://www.nationwide.co.uk/products/current-accounts/flexdirect/features-and-benefits?intcmp=nord
Also has regular saver.
A First Direct current account has a 6% regular saver.0
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