Where to put my 50k

Derg35

Hi there 

We recently relocated to Scotland and have released some equity on our house. We are currently renting but will be looking to buy when the right property comes along. We are trying to decide where best to keep our 50k remaining equity in the meantime and would love some advice. 

Any info is very much appreciated. 

Thanks 

Martyn 

Janie2008

The Coventry limited access account, paying 3.25% from January maybe a good option. It allows 6 withdrawals a year. For higher you will need a fixed rate but it sounds like you could suddenly need the money.

Derg35

Yes we will likely need to pull the money out if the right house comes along. Thanks for quick reply very helpful. 

sevenhills

Premium bonds increase their prize money to the equivalent of 3% in 2023

Albermarle

Best Easy Access Savings Accounts | moneyfacts.co.uk