Morning all, we recently sold our home in the UK and as a result have close to £500,000 sitting in our account. We plan on moving abroad for a couple of years and would like the return of the sum to cover our rent expenditure abroad.
In a couple of years time we plan to re-assess and either return to the UK or move abroad permanently.
There is a fixed two year rate at the post office of 3.96% but i'm sure there are better returns else where even if our attitude to risk is low. Any help would be much appreciated.
Questions And Answers
Where to put house sale proceeds for 2 years?
asked by
zrt zrt
posted 2 Years ago at 10:22
1-1 of 1 Answers
Carl Hope answered 2 Years ago at 14:57, last modified: 2 Years ago at 13:57
Hi there, a lot will depend on where you are going and whether you will still be a UK tax payer, if you could give me a bit more background information I will try and help.Kind regards
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