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Selling my home, best place to keep the funds

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Comments

  • coachman12
    coachman12 Posts: 1,069 Forumite
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    eskbanker said:
    coachman12 said:
    Easy to answer : NS&I Easy Access Bond. Good luck.
    and exactly what is an ns&i easy access bond?
    There is no product called "NS&I Easy Access Bond", as implied by coachman's capitalised wording, but they do offer Income Bonds, which are (just about) easy access....
    I think anyone who has heard of google would be able to understand my vernacular "shorthand" in a matter of seconds. Has happyhazelnuts missed every one of the hundreds of references on these Forums and on every financial site over the many weeks since NSI Easy Access Bonds became the current "compte d'épargne du jour"  ( hope that is clear  :smiley: )
  • JGB1955
    JGB1955 Posts: 4,024 Forumite
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    edited 6 July 2020 at 5:54PM
    Still struggling to find your Easy Access bond...give us a clue! Direct Saver... maybe...Nothing 'easy' about accessing the income bonds.
    #2 Saving for Christmas 2024 - £1 a day challenge. £325 of £366
  • happy_hazelnuts
    happy_hazelnuts Posts: 127 Forumite
    100 Posts
    edited 6 July 2020 at 6:04PM
    Yes sorry searched far and wide for an NS&I easy access Bond and couldn't find it - next time please supply enryption key to your post!

    Especially true as you are advising someone to invest a large amount of money in it

    and sorry, no, i do not speak german
  • coachman12
    coachman12 Posts: 1,069 Forumite
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    JGB1955 said: Still struggling to find your Easy Access bond...give us a clue! Direct Saver... maybe...Nothing 'easy' about accessing the income bonds.

    Google NS&I ---look at their products and you'll find the following ( you'll see the word Bond and the reference to "no notice, no penalty" which is a highly technical phrase, for experts only, which means "easy access") :

    Income Bonds

    Rates/info

    1.15% / 1.16% gross/AERInvest from £500 to £1 millionAccess: No notice, no penaltyRate: VariableTax: Taxable, paid gross

  • badger09
    badger09 Posts: 11,877 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 7 July 2020 at 10:47AM
    eskbanker said:
    coachman12 said:
    Easy to answer : NS&I Easy Access Bond. Good luck.
    and exactly what is an ns&i easy access bond?
    There is no product called "NS&I Easy Access Bond", as implied by coachman's capitalised wording, but they do offer Income Bonds, which are (just about) easy access....
    I think anyone who has heard of google would be able to understand my vernacular "shorthand" in a matter of seconds. Has happyhazelnuts missed every one of the hundreds of references on these Forums and on every financial site over the many weeks since NSI Easy Access Bonds became the current "compte d'épargne du jour"  ( hope that is clear  :smiley: )

    JGB1955 said:

    Still struggling to find your Easy Access bond...give us a clue! Direct Saver... maybe...Nothing 'easy' about accessing the income bonds.

    Google NS&I ---look at their products and you'll find the following ( you'll see the word Bond and the reference to "no notice, no penalty" which is a highly technical phrase, for experts only, which means "easy access") :

    Income Bonds

    Rates/info

    1.15% / 1.16% gross/AERInvest from £500 to £1 millionAccess: No notice, no penaltyRate: VariableTax: Taxable, paid gross



     I don't normally engage in these 'discussions', however...

    It would have taken you less time to type the correct product name "Income Bond" than your 'vernacular shorthand' "Easy Access Bond". There would then have been no need for OP or anyone else to 'Google NS&I', or to prolong this. 
  • coachman12
    coachman12 Posts: 1,069 Forumite
    1,000 Posts Name Dropper Photogenic
    badger09 said "  I don't normally engage in these 'discussions', however...*
    Of course you do----you love it. Just as you have loved dragging on this trivial point even further than the already overlong nit-picking chatter about semantics.
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