We are selling our house and awaiting a new build to be complete and are therefore living with family for 3/4months and will have all the money from sale waiting to be used, it will be approximately £150,000 so we must be able to earn some decent interest?
Does anyone know of a good account/type of account that we could put this money in for just 3/4 months. Also if you put in joint names and 1 party has to pay higher rate of tax will 50% be taken at high rate and 50% at 20%?
Thanks