Best way to protect £50,000 - convert to Euros pre-Brexit?

Albermarle

According to one ex EU veteran of negotiations , a deal today is unlikely but by the end of December more likely .
If he is right then getting the timing of buying Euros, and then back into Sterling could be tricky .
I would think you are just as likely to get it wrong as you are to get it right .

stevecruise

planteria said:

fwiw if i was moving the money out of sterling i'd convert it to dollars rather than euros..
but Premium Bonds are a decent shout from wizzards, and, accepting that there's no FSCS protection, i keep some cash with my local co-op generating a much better rate than you are achieving at the moment.

This was my thinking, its a short term protection solution as we are simply waiting for Asia to be open to visitors in order to complete the sale. However I have no idea how to do this. As a side note it would appear some posters have misunderstood our question and concerns on the pounds movement, we certainly have no ill regards to our country and will be returning for the summer months. Our simple view is life is short and go see some of this beautiful world while we still can. Anyway back on topic if anyone can offer guidance to planteria's kind advice we would be most grateful.