Help please Savings - short term, easy access, monthy interest

Tazness

Hi I have been watching this site with interest for months and now I need some help.
I noticed another thread on a simmilar topic but by the time I registered I lost it

Anyway, My partner and I have just sold our house, we are moving into rented for a couple of months whilst we find the house we want. So we have about £150000 to invest. Naturally we want as much interest as possible and it may only be in there for a couple of months 6 max. I would like monthy interest.
Where do you think we should invest it ?

Thanks in anticipation
Taz

jamesd

This is the territory of high interest savings accounts so just look at the best terms for those. If you're concerned about banks financial stability you might limit it to 30,000 per banking group to stay within the guarantee limits.

If either of you is not a tax payer you could put the funds in their name and register for gross interest if you expect the interest to be less than the personal allowance. Since the allowance is annual, an account paying annually would defer some of the interest into the next tax year and let two years of personal allowance be used.

Tazness

Thanks Jamesd
We are both tax payers.

Still not sure which is best, but I will look around
Taz