Where to put £50k equity during interim?
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samsam89
Posts: 214 Forumite
Morning.
Girlfriend and I are selling our home but the house we have our eyes on is still in the first stage of construction, and we cannot find anything else we like. We're going to stay with her parents until the new place is ready or we find something we like (luckily they have a large enough house to accommodate). Probably 6-12 months. We will have around £50k in equity coming out of our current home and are keen to put it in the best possible place. With rates so low I was wondering if anyone had any suggestions?
Girlfriend and I are selling our home but the house we have our eyes on is still in the first stage of construction, and we cannot find anything else we like. We're going to stay with her parents until the new place is ready or we find something we like (luckily they have a large enough house to accommodate). Probably 6-12 months. We will have around £50k in equity coming out of our current home and are keen to put it in the best possible place. With rates so low I was wondering if anyone had any suggestions?
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We will also be making regular savings deposits of around £1500 per month during our time with them.0
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