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ISA options before purchasing first home?
North_London_Girl
Posts: 14 Forumite
I'm really looking for some advice on current situation and savings options...
Looking to buy our first home when our current tenancy comes to an end in early September - we currently have around £15K each saved in absolutely crap accounts that haven't been updated for years, so no doubt getting piddly amounts of interest.
My money is split between two old ISAs, and I currently have a Moneybox stocks & shares ISAs where I have around £1,000 saved.
Combined, we plan to have around £40K deposit by August/September.
My question is, what's our best option in terms getting the best return in the short amount of time we have before we look to purchase? Is it worth opening a lifetime or help to buy ISA?
Any advice gratefully received at this point
Looking to buy our first home when our current tenancy comes to an end in early September - we currently have around £15K each saved in absolutely crap accounts that haven't been updated for years, so no doubt getting piddly amounts of interest.
My money is split between two old ISAs, and I currently have a Moneybox stocks & shares ISAs where I have around £1,000 saved.
Combined, we plan to have around £40K deposit by August/September.
My question is, what's our best option in terms getting the best return in the short amount of time we have before we look to purchase? Is it worth opening a lifetime or help to buy ISA?
Any advice gratefully received at this point
0
Comments
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Help to buy isa, keep it in cash / not equities. Not sure how long you need to keep it in for.0
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