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Sale of house funds
mrpotatohead2019
Posts: 5 Forumite
Hi All
I am due to sell my house next week and have approximately 110k equity coming back to me.
I am not buying another property as I'm moving in with OH until we find our next house.
I would like to put it into savings but no clue where to start.
I have an ISA so the plan is to put some into that and then more after april but not sure what to do with the rest.
I will need access to it pretty quickly once we find our next home but that could be in 6 months or 6 years so can't invest in anything long term.
Any advice appreciated!
I am due to sell my house next week and have approximately 110k equity coming back to me.
I am not buying another property as I'm moving in with OH until we find our next house.
I would like to put it into savings but no clue where to start.
I have an ISA so the plan is to put some into that and then more after april but not sure what to do with the rest.
I will need access to it pretty quickly once we find our next home but that could be in 6 months or 6 years so can't invest in anything long term.
Any advice appreciated!
0
Comments
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I've just split mine between easy access savings accounts like Marcus, Ford Money etc. These are great if you want instant access. You could consider notice accounts which will pay a little more interest but have less flexibility. See https://www.moneysavingexpert.com/banking/0
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