You are reading a single comment by @nankatsu and its replies. Click here to read the full conversation.
  • We may be selling our place after all - with a small price reduction - and moving into rental for a bit.
    We will have a rather large sum of money (for us) as a result of the sale - where is it best to keep it safe until we need it for a house purchase?

  • Some close family had the same deal late last year- after lots of searching they concluded there were no good savings options if you need access in the short/medium term (0.1 or 0.2% interest).

    Think they spread it into a few accounts because it felt more secure, but you should be legally protected for up to £1mil by regulations for 12 months after a house sale (above the usual £85k or whatever it is).

  • Either under the bed or a bank and if it’s that much split it between various account on different banks.

About

Avatar for nankatsu @nankatsu started