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Don't put your deposit in S&S, too risky. You might decide to buy and then find your £30k deposit has suddenly halved in value. Unless you're not going to buy for years.
You're stuck with shitty old savings accounts like me
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Is this the right place to chat ISAs? I'm specifically interested in Stocks and Shares ISAs.
Can anyone explain to me like a 5 year old if they;re any good or high risk? If not where's best to put savings for a mortgage deposit?
Imagine if you'd put your house deposit in S&S only two weeks ago! We're seeing a perfect illustration of why it's risky.
frankenbike
@Cazakstan
Is this the right place to chat ISAs? I'm specifically interested in Stocks and Shares ISAs.
Can anyone explain to me like a 5 year old if they;re any good or high risk? If not where's best to put savings for a mortgage deposit?
Saving with my wife, we already have a help to buy ISA each. We also have a new savings builder account with Natwest.
Any help appreciated.