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Advice Please

andrea_stewart
andrea_stewart Posts: 21 Forumite
edited 6 May 2017 at 5:07PM in Budgeting & bank accounts
Hi

Where is the best place to keep up to £25k until I'm ready to buy a new home in a few months. I'm confused by all the options. I'm not a first time buyer but separated from my ex-husband and will be buying my own home.

Many thanks
Andrea

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Best you'd get for around a "few months" (ie without going to the trouble of opening multiple current accounts) is around 1% AER, so £20/month interest.

    Just read the 'best savings accounts' article on the main site and pick one to suit.

    Out of interest, who do you currently have accounts with?...both current and savings.
  • Hi YorkshireBoy

    The Santander account but it's a joint account and I want to move £25k into my name without having to have my income and direct debits moved from the joint account at this stage.
    Andrea
  • mt99
    mt99 Posts: 472 Forumite
    Tesco Internet saver pays 1.06% and is instant access
  • Hi mt99

    Seen that. Many thanks for your reply.
    Andrea
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