Good home for £280k for 6 months

[RichS]

We're looking to Let-to-buy our house. We'll release about £280,000 equity and need to park it somewhere for maybe 6 months while we look for somewhere to buy. Anyone got any bright ideas? Preferably low-risk (but the measly 1.5% offered by banks doesn't particularly appeal).

I'm thinking a US equities tracker or some such, but even that might be volatile over the next wee while.

Any suggestions very much appreciated.

My wife's not working so can use her personal allowance and stick it all in "her" account if needs be. I'll talk to our IFA anyway but was wondering what the PH collective consciousness thought.

And yes I know it is a first world problem etc etc.

Thanks all,

Rich

[RichS]

Sarnie said:

Expect the mortgage company to want details of the onward purchase that you are raising the funds for, eg sales particulars or a mortgage offer...

Thanks for replying; I think that's all sorted; we'll rent our place out and remortgage; Clydesdale don't seem to care, it'll lend 75% LTV provided you have 125% mortgage cover. Survey was today and I think that'll be fine.

R