Help needed! £60k in savings and don't know what to do!

enthusiasticsaver

MoneyMan01 said:

There should probably be a mod on this forum that deletes these posts, and sends them a form to fill in all the basic information, to resubmit, so that people can give a relevant response. 

I'm saying that not to be derogatory to the original poster, but these types of posts are always submitted, and you need so much information to even reply, that something like the above would help everyone.

That is not how the forum works.  Posts need to be anonymous and non identifying for the sake of security.  In this case the OP gave all necessary information.  Money may need to be accessible within a year.  I suggest the poster checks the best savings account page on the main MSE pages.  

Best savings accounts: 4.92% easy access or 4.55% fixed rate

MoneyMan01

I’m absolutely not suggesting in any way that nobody should ask these questions. I was one of those people at one stage, as I imagine a lot of people were on here. 

Just seeing the same repeat each day of these questions, and then almost 99% of the time they are followed up with questions of themselves requiring more information. I just thought it would help everyone if there were a standard form to fill out if you selected a drop down about “general savings question”.

Wallisboy09

masonic said:

The most pertinent information was provided in this case, and that is the OP needs to access the money within 9-12 months to buy another home. That narrows the options considerably, to easy access, notice or short term fixed savings products. Investments would not be appropriate. Selection can be from the comparison sites already posted based on the OP's preferences.

Thank you