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House sale investment Poggibonsi

Posted: Sat Mar 11, 2017 8:15 am
by Skarian
Hi, I'm New to the forum and hope I can get some advice.

I will soon be selling my house and plan to go into rented accommodation. I would like to invest the proceeds - 250k - for a short term until the right house comes along, what would be the current best means of investment? I'm hoping to look at month's rather than a year.

Thank you!

Posted: Sat Mar 11, 2017 5:09 pm
by decomposer



Hi, I'm New to the forum and hope I can get some advice.

I will soon be selling my house and plan to go into rented accommodation. I would like to invest the proceeds - 250k - for a short term until the right house comes along, what would be the current best means of investment? I'm hoping to look at month's rather than a year.

Thank you!
Originally posted by Poggibonsi


Hello & welcome



If you're talking about months then your simplest solution would be NS&I. Income Bonds are currently paying p1% but drops to 0.75% on 1 May



https://www.nsandi.com/our-products



If you're not going to plough the whole £250k back into another house, then have a look here to maximise what you have left over



http://www.moneysavingexpert.com/savings/which-saving-account