100k

[rededucator]

Home owner and full time employment. Own home myself and OH lives with me. 100k in ISA with low interest rate (best going though). Will buy bigger house with OH in approx 3 years. Is there any way to better invest the ISA? Due to Scottish second home laws I'd prob have to see current house as tax on second home so huge. That money could then be used for joint purchase. Any advise greatly appreciated, have toyed with hiring financial advisor but apparently they don't need any particular qualifications?! Than you

A properly authorised, regulated financial adviser certainly does need to be appropriately qualified!!

Be very cautious about consulting anyone calling themselves a financial planner who is not registered with the Financial Conduct Authority (FCA).

Thank you for that sound advice. I'll be sure to look out for that accreditation

I wouldn't recommend stocks and shares if you'll need the money in 3 years and I don't think an IFA would either so getting the best interest rate on your cash is probably your best choice. Personally I've got a small percentage of my savings in Ratesetter but it's not for everyone.

You can get around the second home tax with clever mortgages , if you're not married that is !

Joint mortgage sole ownership . Done by Barclays / metro / hsbc