Better return for LISA cash only for house deposit?
Posted: May 16th, 2023, 1:54 pm
I've 33k in a LISA with HL, 100% of it is cash.
HL's LISA page says they pay 1.5% AER.
Can I get a better return?
Would investing in some sort of money market fund be a good idea?
One that was mentioned in a LF thread was Royal London Short Term Money Market, but the yield is 2.21% and charges 0.10% (so really 2.11% yield).
Not sure if worth it.
I'm not likely to buy anywhere for the next 1 - 3 years.
HL's LISA page says they pay 1.5% AER.
Can I get a better return?
Would investing in some sort of money market fund be a good idea?
One that was mentioned in a LF thread was Royal London Short Term Money Market, but the yield is 2.21% and charges 0.10% (so really 2.11% yield).
Not sure if worth it.
I'm not likely to buy anywhere for the next 1 - 3 years.