Short term home for a substantial sum
Short term home for a substantial sum
Author
Discussion

GT03ROB

Original Poster:

13,981 posts

244 months

Basic information:
  • Significant sum - more than £1m less than £2m
  • Half required in around 6-9 months
  • balance unsure
  • For people in late 80’s so no long term investment needs, short term only
  • balance 50% not required for day-to-day living
Thoughts?

shtu

4,148 posts

169 months

Be wary of the FSCS protection limits.

The full balance will be covered for six months at most, https://www.fscs.org.uk/making-a-claim/claims-proc...