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Easy access savings
NAOMIL
Posts: 1 Newbie
Hi there
We've recently re-mortgaged on our buy-to-let property and released some equity. This equity (under 80k) is now sitting in savings account that I've had forever which is paying no interest whatsoever...or so little that it's pretty much nothing.
We are trying to sell our home (different property from the buy-to-let which we've released the equity from) to buy somewhere else (hopefully very soon!) so we will need quick access to this cash once that all goes through.
Could you clever peeps advise where it would be best to put this cash for a short period to maximise the value? I feel a bit of an idiot keeping it in a crappy savings account!
Thanks in advance!!
:j
We've recently re-mortgaged on our buy-to-let property and released some equity. This equity (under 80k) is now sitting in savings account that I've had forever which is paying no interest whatsoever...or so little that it's pretty much nothing.
We are trying to sell our home (different property from the buy-to-let which we've released the equity from) to buy somewhere else (hopefully very soon!) so we will need quick access to this cash once that all goes through.
Could you clever peeps advise where it would be best to put this cash for a short period to maximise the value? I feel a bit of an idiot keeping it in a crappy savings account!
Thanks in advance!!
:j
0
Comments
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Some helpful links at the top of this very page.0
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You may find the MSE guide to the best easy access savings accounts of interest: https://www.moneysavingexpert.com/savings/savings-accounts-best-interest0
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