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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Saving for First House, where should I put my money?
DavidWFC
Posts: 95 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
-
Regular saver account(s), see http://www.moneysavingexpert.com/savings/best-regular-savings-accounts0
-
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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604.1K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards