Help with what to do with £11k

[BumpowderSneezeonAndSnot]

The sum total of my savings. What should I do to make it work better for me. Currently I'm using an HSBC regular saver to put money aside each month, then what? Ideally I would love to be a home owner at some point or It will get sucked up on the kids uni fees. Any advice is welcome

Good for you for being a saver. How long before your kids are going to be applying to uni? If you can buy the house before then that's likely your best option.

In the US retirement accounts aren't counted when applying for uni aid. That might be another option if the rule is the same in the UK.

Thanks. Yes I would prefer to buy a property before they start university which doesn't really give me much time

So don't leave it a savings account-at current interest rates you might as well be burning money. Buy safe stocks with it. You can go to a broker for profession advice or do it yourself using a service like Hargreaves Landsdown

How old are you? If under 40, then you can put money into a Lifetime ISA - up to 4K a year and the government adds another 25% on top. It can be used as a deposit on your first property or cashed in tax free after 55.

Other ISAs would also bed good options - we’ll invested money will give you good returns. In savings accounts you tend to lose money as the interest rates tend to be below inflation.

@JoJo thanks for that ...I didn't know about lifetime isa, seems like a good deal :-)

Its the Hargreaves lansdown plugger again! There are no safe stocks.

You can't cash in a Lisa until you are 60 not 55.

safe stocks well we'll read someone spotted a unicorn dancing in Tesco next

I'd bung it in Premium Bonds until interest rates improve.