What to do with this £10k?

rentingmillennial87

https://forums.moneysavingexpert.com/discussion/comment/82174510#Comment_82174510

Damn! Is the new scheme for first time buyers worth doing instead?

eskbanker

https://forums.moneysavingexpert.com/discussion/comment/82174703#Comment_82174703

Possibly, but it hasn't been launched yet and consultation is ongoing, so you'll need to research what's been shared so far and assess from that how likely it is to suit your requirements:

https://www.moneysavingexpert.com/savings/first-time-buyer-isa/

https://forums.moneysavingexpert.com/discussion/6673645/new-first-time-buyer-isa-to-replace-lisa

clairec666

You can open more than one ISA in your name. You can keep this £10k separate from your existing ISA so you're not tempted to dip into it. You can lock it into a fixed rate account which could get you a better rate.

There's a £20,000 limit (£12,000) next year on how much you can deposit into cash ISAs, so make sure you're staying within this limit.

eskbanker

There's a £20,000 limit (£12,000) next year on how much you can deposit into cash ISAs

Just to be clear, the closing bracket should be further along, i.e.

There's a £20,000 limit (£12,000 next year) on how much you can deposit into cash ISAs