Savings/money exper...
 

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[Closed] Savings/money experts: Moving house, what to do with the cash in between?

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Posts: 110
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I'm moving out of my house next week, but we are yet to buy another house. I was wondering if anyone had any tips please, as to what to do with the cash I'll get from the sale - whilst we look for another house.

Should I just get an easy access savings account, or a notice account (I'm guessing that after having an house offer accepted, I can request the cash ready for the sale - but the notice couldn't really be any longer than 30 days).

Apart from that I haven't a clue! Thanks in advance.


 
Posted : 18/07/2015 7:41 am
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We did this a few days ago. No really great solution but it's possible to make a few quid. http://singletrackmag.com/forum/topic/house-sale-where-to-put-money-on-temporary-basis


 
Posted : 18/07/2015 7:43 am
Posts: 110
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Whoops, not sure how I missed that. Thanks.

We both already have 123 accounts so that's not an option (although may look into opening another!)... Will have a look at other savings accounts. Looking at some (like Birmingham Midshires) you need to keep £1000 in until the end of the year to get the interest, which we wouldn't want to do.


 
Posted : 18/07/2015 7:54 am

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