We're expecting to be selling our house and moving into a rented place in a few weeks time, which will leave us with about £50K in capital. We'll look to buy somewhere in about 6-12 months time so will need reasonably easy access to the funds at that point.
At the moment I'm thinking max out the cash and share elements of ISAs for my wife and I, and then stash the remainder in as high an interest account as I can find. We've got two kids (5 years and 5 months) - is there any way I can legally use their savings potential or is that a bit dodgy?
And no before you ask, I don't want to invest the money in guaranteed quick win Nigerian lottery schemes ... but I might buy a new bike!
Any tips?

