Q I have been looking online for guidance on what to do with the money from the sale of my house, as I have yet to find another property to buy. After the sale of my house, which – touch wood – is going through at the moment, I will have about £180,000 in cash but what on earth do I do with it until I find another house to buy? JDA Stick the cash in a savings account paying the highest rate of interest. The only trouble is that you can only have that savings account if you already have a HomeVantage Current Account with ICICI Bank. Whichever savings account you choose, if you still haven’t found somewhere to buy after six months of opening the account, you would be well advised to split your savings over several accounts.

Source: The Guardian May 31, 2021 06:00 UTC