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where to put it??????
2yeardream
Posts: 7 Forumite
Hopefully this is a simple question,...I am in the process of saving for a house move which I hope will take place late next year (as the house still to be built) - I have an ISA that has just matured (£40k) and will have 4 saving accounts maturing in January (£20k) - I therefore would like to know where is the best place to put my money until I need it? Do I keep it separate or consolidate it? As I said I don't need access to my money until approx. Oct 2021 and will continue to add to the pot until such time.
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https://www.moneysavingexpert.com/savings/which-saving-account/
https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/
You could do a lot worse than £50K in premium bonds, given their current competitiveness versus standard savings products....3 -
If you are not likely to exceed £85k in total, it would probably be just as well to consolidate into one account rather than having to transfer from several accounts at the time it's needed.
Warning: In the kingdom of the blind, the one-eyed man is king.
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