House sale proceeds

House sale proceeds

Author
Discussion

silentbrown

Original Poster:

8,838 posts

116 months

Tuesday 29th November 2016
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Need somewhere sensible to stash house sale proceeds for a few months before we buy again.

NS&I at 1% looking like a sensible option - any others to consider?

anonymous-user

54 months

Wednesday 30th November 2016
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That is about your only option really, with the added benefit of being completely backed by the government (assuming you have less than £1 million in the account)

You could buy premium bonds instead if you fancied a bit of excitement.

Unfortunately there is nowhere else you can put the money for a short amount of time to get anything more than 1%.