Best place for £200k cash for a year to 18 months

[stuartdenton]

Hi not sure where you live but you could buy a renovation property at auction for say 100k renovate say total outlay 125k then sell. Should make around 25k. Should do it in 1 year and you would still have approx 75k for your main project over the period. Also you would get some practice at buidiing(assuming that you have not done it before)

[Muzzer79]

If you really can't afford to lose any of it, split it over fixed rate savings.

If you can risk some of it but on a low-risk investment, FTSE100 shares. You could get hit Black-Monday-style but you will only ever yield very low return on it if you don't take some risk

[RizzoTheRat]

I'm in a similar position and have stuck with traditional bank accounts, split between different banks to keep inside the FSCS limit. 1.25% with the post office was the best I could find for easy access, 30 or 90 day notice accounts are similar, but if it's definitely going to be over a year for you then you can get slightly better on fixed term accounts. In reality I'm losing out against inflation but I'd rather the known loss than any risk at the moment.

[SS1600]

Al Rayan is offering 1.51% if you can live with 90 days notice for withdrawals.

Another PHer mentioned this site too if you want to try maximising across multiple High Interest current accounts, Saving accounts etc:

https://www.bankaccountsavings.co.uk/calculator

[ChocolateFrog]

Premium bonds, possibly split across children or family.

Equivalent rate to a savings account but at least there's a bit of fun in the chance you could get a big prize, and it's risk free.

Failing that Bitcoin or red (Probably don't do this)

[The Green Triangle]

Buy an appreciating classic or super car presuming you have somewhere to store. I'll offer you half of my double and will of course be available to take it out for spirited drives occasionally 😁

[Cheib]

jeff m2 said:

Wait for Carne to raise int rates because of inflation which should give the Pound a small boost, then put half in Euros.
Equity is out for that period.

Emerging Market local currency bonds could work as long as the initial charge is modest.
(Most Emerging market sovereign debt is better on paper than UK/US and pays a higher rate.)
Around 5.6% last time I looked.

Anything with any kind of FX risk should definitely be avoided and especially EM local ccy debt. Could very easily lose 20% or more on an investment like that.