Where to put the proceeds of a house sale

Where to put the proceeds of a house sale

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Skyedriver

Original Poster:

18,094 posts

284 months

Tuesday 7th March 2017
quotequote all
Expect to be selling our old house shortly. We'll need the money safe until we find the replacement home.
So reasonably ready access and obviously not exceeding the £75k limit for safety in each bank. If we both deposit £75k are we both covered?
Would be nice to get a bit of interest too. Think folks have suggested maxxing the Premium Bonds but they've just reduced the payouts again I think. But it is reasonably quick access.