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  • This is all really really useful. thanks so much for everyone taking the time to respond.

    As first time buyers we hope to buy this year so 1 year lock-ins aren't an option. I read MSE often but wanted some first hand advice about what has worked well for other people.

  • If you're planning on buying this year then you don't want anything risky. Things like a stocks and shares ISA may be OK in the long term but there's every chance that their value may have dropped at a set date in the near future (as an example one of my "high risk" pots in a stocks and shares ISA has lost 10% in the past week).

    As others have said, go with savings accounts. Try not to open shed loads of new accounts to take advantage of all the deals as there is a possibility this may hit your credit rating a little.

  • We've been monitoring our credit ratings like hawks but this is a very good point.

    We opened HTB ISAs in November 2019. Just opened one new savings account this week.

    Would one more savings account be terrible?!

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