A lump sum is a single deposit of money – perhaps savings you’ve built over time or a one-off payment you’ve received. Whether you have a few hundred or several thousand pounds, make your money work harder by placing it into a lump sum investment account.
Sheffield Mutual offers various options designed to fit your financial goals and lifestyle. Choose from tax-free Single Premium Investment ISAs, Investment Bonds, Income Bonds, and our exclusive Capital Plan, which feeds into a Tax Exempt Savings Plan (TESP). Whatever your aspirations, we’re here to help your money grow.
About our Lump Sum Savings Accounts
Receiving a large one-off sum, whether from hard-earned savings, inheritance, a property sale, or a gift, is an exciting opportunity. You may now be wondering how to manage it wisely. At Sheffield Mutual, our lump sum investment accounts could allow your money to grow in line with your goals, lifestyle, and comfort level.
Where to Invest a Lump Sum of Money:
Investing can be a rewarding way to grow your money, but finding an option that feels right for you is crucial. That’s why we offer a range of lump sum investment products with various rates, terms, and levels of flexibility. When deciding which account is most suitable, it’s helpful to think about:
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How much you’d like to invest
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How long you’re comfortable leaving it
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Whether you might need access to it or wish to draw an income
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Tax efficiency
Explore all our lump sum investment products, and for any extra assistance, please use our handy Product Selector or contact our team directly. If you’re keen to invest, you might also be interested in our Regular Investment ISA, Investment Junior ISA, and Sustainable Investing Options. Please note that all investments carry risk, so only invest amounts you are comfortable with.
For more information on the risks, please refer to the relevant 'risks you should be aware of' section for each product.
