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Where is best to keep our house deposit money?

We might need it at short notice but want the best return possible

Q We have just accepted an offer..

By admin , in Money , at November 22, 2017

We might need it at short notice but want the best return possible

Q We have just accepted an offer on our house from a cash buyer and plan to move into rental accommodation until we find a house of our own to buy, hopefully once the market picks up again in the spring.

We hope to have a cash lump sum of around £160,000 after paying off our mortgage. This will form a deposit for the purchase, but may sit for several months until we need it. Do you have any advice for how we can get the best return on this until we find our next home? KL

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