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Where to keep/save a property deposit lump sum

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mohaller1271

mohaller1271 Posts: 1 Newbie

20 May 2019 at 1:06PM in Savings & investments

Hi, Excuse me if this is a massively fundamental question, but I have a lump sum of £85K to be used as a deposit on a property later this year. Where is best to keep this safe and secure, and perhaps even modestly added to either via interest or by additional amounts added? Thank you so much.

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Comments

xylophone Posts: 45,595 Forumite

20 May 2019 at 1:28PM

Consider splitting between a couple of accounts.

https://www.marcus.co.uk/uk/en

https://uk.virginmoney.com/savings/products/double_take_e_saver_issue_10

Above might suit your purpose.

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wjr4 Posts: 1,301 Forumite

20 May 2019 at 2:00PM

Marcus account with Goldman Sachs.

I am an Independent Financial Adviser (IFA). Any posts on here are for information and discussion purposes only and should not be seen as financial advice.
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