I should hopefully soon receive my share from the sale of the former marital home and will be looking to buy soon.
I want to clear some of my credit card debt and allow time for this to boost my credit score a little so I think I will be looking to apply for mortgages in 3-6 months
I will be leaving some in interest paying current accounts but thought I may as well put the rest into premium bonds.vi know it won't gather much interest but I figure it's safe and I might just win a million!
Does this sound like a good idea or is there a pitfall I'm missing?
Never dealt with this much money before so I'm feeling a bit nervous!