What to do with 90k? Help appreciated

Whoppyy

Hi everyone. First post here!
 I'm really stuck with how to get the best use of my money. I'm in my mid 30's and rent on my own - looking to be a first time buyer ASAP. I am 75% self employed and single.
I have a good savings of 90k but I have no idea how to best use the money. I have a pretty small pension and lots of accounts where my money is sitting there doing very little:

- 35k Barclays ISA earning 0.1%
- 5k Barclays Help to Buy ISA earning 2%
- 40k Santander Lite accounts earning 0 interest  
- 5k Lifetime ISA with Skipton earning 0.35% 
- 5k unallocated cash

The Help to buy ISA is the only account really giving me any interest on my money at all. Is there somewhere you think I could make better use of this or would you hold fire until things return to a new normal and hope banks offer more switching incentives. I would happily move my money around but I am so stuck as how best to invest it until I manage to purchase a property. Any help would be incredibly helpful.
Thanks so much for reading!

Ceme3000

While you decide why not consider opening a Marcus account online and moving your 40K from Santander.  It's better than 0 percent.

DrEskimo

Of all the non LISA and HTB money, you could stick £50k in premium bonds through NS&I and the rest in a Marcus Savings account at 1%. There is little need for ISA shielding on your cash savings as you won't be hitting your taxable allowance, and even if you did it wouldn't be much and still offset the pittance you are getting in the Barclays cash ISA.

colsten

With the present interest rates, you won't get rich from interest on £90k. However, you should consider ditching (or at least replacing) that Barclays ISA and moving the cash, together with most of the 123 Lite money and the unallocated cash to somewhere where it earns at least 1%+. There is tons of information about accounts that pay interest or rewards on this forum. E.g. Halifax Reward, Lloyds/BOS,TSB and Virgin current accounts and Regular Savers. You can find a comprehensive list of interest rates on https://moneyfacts.co.uk/.

harsh_but_fair

or indeed rather than marcus use income bonds at 1.15%

Albermarle

https://www.moneysavingexpert.com/banking/