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I would use NS&I or an instant access savings account paying interest.



You are covered for the whole balance for six months with home sale proceeds, so you can then decide later what you may want to do, also worth using ISA's as the text year is ending soon.



Westie983

Hi, I run a local brownie unit so I understand your issue. First of all the payment will be paid into your scout account as a Standing Order and not a Direct Debit. Standing Orders can only be cancelled by the account holder. If you have contacted by not had a reply from the family. i would ring fen...

Is the sort code and account number different from the Instant Saver? If yes then you will need to register it again. If no then the details are still in the system. If you change it to everyday Saver it will count, as that is a qualifying savings account. The requirements of the prize draw is a bal...

Temporarily high balances From 3 July, 2015, FSCS increased cover for temporarily high balances, for instance an inheritance or a redundancy payout. Deposits up to £1m can be protected for up to six months from when the amount was first credited. NS&I income bonds are one of the account that ot...

“ Sorry for hijacking another thread but I still cannot figure how to start my own <img src="http://static.moneysavingexpert.com/images/forum_smilies/redface.gif" border="0" alt="" title="Embarrassment" class="inlineimg" /> Grandad has given each of my three children, age 14,17,20, £1000 to ...

“ Please could anyone tell me if there is a minimum income for opening a standard Barcalys Bank Account? Thank you. <a href="/showthread.php?p=72209642#post72209642" rel="nofollow" title="View original post">Originally posted</a> by mkcj ” I dont think there is one, its opened based on ...

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