What to do with 60k

Ryan_n

Hi - would appreciate some advice.

Recently split up with my partner. Our house is going up for sale and hopefully we will come away with some money for a potential deposit for another property.

I already have approx 10k in an ISA. And might come away with approx 50k after the house is sold.

My options seem to be - try and find a flat that is in my price range and move straight in. (If affordable)
Or
Move back to my parents for a while and save. Max out my ISA. But what do I do with the rest of the money?

Thanks

xylophone

But what do I do with the rest of the money?

If you are going to need cash in the short term, you will not want to use stock market based investments.

Savings accounts here

https://www.thisismoney.co.uk/money/article-1583859/Best-savings-rates-General-savings-Internet-branch.html

george4064

I think it’s quite difficult for people to comment without knowing further information such as your age, employment status, other savings/pensions etc....