If you were given £75,000…

[Spicykitten]

What would you do with it?

I’d think about buying a house.
It’s not something I’ve ever considered.

Oh, what we wouldn’t give for this right now.

New shower as we’ve been without one for a year. Fix bath as it’s been very well used the past year and is leaking. Fix ceilings all water damaged. New boiler/water tank as they are on their last legs. New fridge freezer (see boiler).

Buy a ridiculously impractical car and some ridiculously bling sunglasses to wear while driving it. Or I could buy [my initials 1] plate which is literally 75k.

Pay off mortgage and spend the rest on some home improvement stuff we haven't done yet.

Yes. But via a limited company.
Property stock in the UK is very poor, supply is limited, demand is ever increasing.

There’s a lot of scope, but I think now you must be a little more clued up on it all than perhaps was needed 15yrs ago. And also willing to accept it’s a long term investment.

Put it towards a house. Buy another piano.

I'd book a lovely holiday, buy lots of perfume and clothes, and reluctantly get a new roof. If I had an unexpected amount of money like that, I would want to enjoy it and the last thing I would do is save any of it.

Interesting that virtually no poster has mentioned using it towards a hobby. 15k would go on my hobby (lessons and related events) and the rest in savings as our mortgage rate is so low right now.

Hire someone to sort the garden.

New kitchen.

New carpet on stairs and in master bedroom.

Lovely holiday.

Die of shock

I have about three projects at home that would cost about £30k. I'd have a nice holiday, I'd put some money into an emergency fund and the last bit would pay down the mortgage.

Some much-needed home improvements would probably cost 30k+.
10k each to DC savings accounts towards uni costs.
3k on a family holiday.
Rest into savings.

Put it somewhere effective for teen's uni/start of adult life

New bathroom and kitchen. Extension on the back of the house. And a holiday with what is left. Maybe some IPL.

Pay off the mortgage and see parents more often. It's long haul flights to see both sets.

Put it into building our house.

I'd pay off the balance on my mortgage and go on holiday.

50k extra on new house deposit. 25k towards refurb and property expenses, e.g. tax.

I'd pay a chunk of around 40k off the mortgage then bank the rest for rainy days / emergency funds / just so I don't have to worry about being skint for a while!

Pay off a couple of small loans left over from house renovations. Do a few more necessary jobs. Put an emergency fund lump in the bank and have a long weekend somewhere lovely.

Then look long and hard at earnings and job to see if I could do something more interesting until I retire.

Have a bigger budget for our next house purchase

property upgrades - useful ones that add value

savings for a rainy day

£75K is quite a lot - but actually won't go far these days if you lose your job or your pension company is plundered ....

Retire! Max out isa for this year, put another max in April then might put rest into premium bonds until i need it

https://www.ebay.co.uk/itm/286171548700?itmmeta=01JGXSZCM4A4BYWQ3V26S9NB56&hash=item42a1274c1c:g:hTMAAOSwqgtnPKg2&itmprp=enc%3AAQAJAAAA4Mxmj%2BiGvOveHXEBClPb29hO0Qpx7CxQ%2FaNLWnuZA0s3mxLikNfxfKbssJBNYZZAb4PoHrEnvZ1jJ9994ksm5yNobwL3J6ylIcK7Uf5ugy4foIx2ae4RLbozT7OgrgbLEsElPfO%2FRKasn8yG%2FFyFnTSdSoG8UI%2FG%2BwMcSIQ24XBxATH2byTc%2F09zlsgl7Jik87g7qWWfJ0bg24w6HrjAXM%2BrQiSpFIiEFDOxuD%2BZpAvS56vkgJZEBlz74RUrcj09zkSxTu9kT86vhkNrPEYTIZW7YMMsF%2FeLuyZmITFO2Qul%7Ctkp%3ABk9SR5LK_bmHZQ

buy this

Put it towards buying a house. Late 30s and still renting, with absolutely no way of ever getting on the housing ladder. I'd just love the security of owning my own home.
And with a large deposit like that, if I bought somewhere reasonable, I could manage the monthly mortgage, which would be cheaper than I currently pay for my rent.
Which would then also leave us extra money day to day to be able to have a nice life.