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Cash saving route

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seagul
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Re: Cash saving route

Post by seagul » Mon Sep 16, 2019 3:12 pm

Mfamily wrote:
Mon Sep 16, 2019 2:40 pm
geoeng wrote:
Mon Sep 16, 2019 2:16 pm
From Section 3.5 (Conversion of foreign currency) of Appendix FM 1.7 Financial Requirements:

3.5.1. Income or cash savings in a foreign currency will be converted to pounds sterling (£) using
the closing spot exchange rate which appears on www.oanda.com on the date of
application. Where there is income or cash savings in different foreign currencies, each
will be converted into pounds sterling (£) before being added together, and then added
to any UK income or savings, to give a total amount. Any fluctuation in the exchange
rate prior to the date of application will be disregarded: the decision-maker will base the
conversion of the foreign currency income or cash savings into sterling on the exchange
rate as at the date of application.
(Emphasis added)
Seagul brother what is your opinion according to this paragraph
See also ukvi currency exchange policy.
https://www.gov.uk/government/publicati ... ate-policy
The opinion expressed as above is neither a professional advice nor contesting/competing to other member's opinion/advice.

geoeng
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Canada

Re: Cash saving route

Post by geoeng » Mon Sep 16, 2019 3:51 pm

From the text of the document, the Home Office Exchange Rate Policy is used to set exchange rates for Home Office fees charged in foreign currencies to ensure it doesn't over- or under-collect fees rather than being applicable to exchange rates used to calculate the value of income or cash savings in foreign currencies.

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seagul
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Re: Cash saving route

Post by seagul » Mon Sep 16, 2019 4:14 pm

If that perception is correct than op totally might not be able to meet financial requirement because now PKR rupee is more devalued against pound sterling than previous 6 months.
The opinion expressed as above is neither a professional advice nor contesting/competing to other member's opinion/advice.

Mfamily
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Posts: 52
Joined: Fri May 03, 2019 1:45 am
Pakistan

Re: Cash saving route

Post by Mfamily » Mon Sep 16, 2019 5:53 pm

in our joint account before 6 month in the march 16th the amount was 9750000 pkr which are 50257gbp according to today's currency rate and in my wife's account in uk was 12840 pound before 6 month at this date
Seagul brother pkr rupee was more devalued before 2 month as one pound was equal to 210pkr rs now one pound is equal to 194rs

Mfamily
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Posts: 52
Joined: Fri May 03, 2019 1:45 am
Pakistan

Re: Cash saving route

Post by Mfamily » Thu Sep 19, 2019 4:50 pm

Mfamily wrote:
Mon Sep 16, 2019 5:53 pm
in our joint account before 6 month in the march 16th the amount was 9750000 pkr which are 50257gbp according to today's currency rate and in my wife's account in uk was 12840 pound before 6 month at this date
Seagul brother pkr rupee was more devalued before 2 month as one pound was equal to 210pkr rs now one pound is equal to 194rs
Waiting for your reply Seagul brother

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seagul
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Re: Cash saving route

Post by seagul » Thu Sep 19, 2019 8:01 pm

Mfamily wrote:
Thu Sep 19, 2019 4:50 pm
Mfamily wrote:
Mon Sep 16, 2019 5:53 pm
in our joint account before 6 month in the march 16th the amount was 9750000 pkr which are 50257gbp according to today's currency rate and in my wife's account in uk was 12840 pound before 6 month at this date
Seagul brother pkr rupee was more devalued before 2 month as one pound was equal to 210pkr rs now one pound is equal to 194rs
Waiting for your reply Seagul brother
If i were you with these funds and have no other alternative then take that risk and through covering letter request them to kindly use current exchange rate. Sometimes risk do work.
The opinion expressed as above is neither a professional advice nor contesting/competing to other member's opinion/advice.

Mfamily
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Joined: Fri May 03, 2019 1:45 am
Pakistan

Re: Cash saving route

Post by Mfamily » Fri Sep 20, 2019 12:56 pm

seagul wrote:
Thu Sep 19, 2019 8:01 pm
Mfamily wrote:
Thu Sep 19, 2019 4:50 pm
Mfamily wrote:
Mon Sep 16, 2019 5:53 pm
in our joint account before 6 month in the march 16th the amount was 9750000 pkr which are 50257gbp according to today's currency rate and in my wife's account in uk was 12840 pound before 6 month at this date
Seagul brother pkr rupee was more devalued before 2 month as one pound was equal to 210pkr rs now one pound is equal to 194rs
Waiting for your reply Seagul brother
If i were you with these funds and have no other alternative then take that risk and through covering letter request them to kindly use current exchange rate. Sometimes risk do work.

I want to apply spouse visa application through cash saving route the required savings are in our joint account from last six months these savings came in our joint account from our previous savings, property rent income, bank profit income, wedding gifts and my brother gave me gift, what evidence we need to give them on that route. Thanks for your time

geoeng
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Re: Cash saving route

Post by geoeng » Fri Sep 20, 2019 1:49 pm

"11. In respect of cash savings the following must be provided:
(a) Personal bank statements showing that at least the level of cash savings relied upon
in the application has been held in an account(s) in the names of the person and
their partner jointly throughout the period of 6 months prior to the date of application.
(b) A declaration by the account holder(s) of the source(s) of the cash savings."

That is directly from the guidance. If you have received any significantly large gifts, it may be worth including the original source of the funds used to provide the gift as it is a requirement the source of the funds be legal. You will definitely have to elaborate in the declaration what the source of the unspecified "previous savings" is. No specific evidence is outlined in the guidance beyond what is quoted above.
I'm just a guy on the Internet who immigrated to the UK. My opinions and advice are based on my experience and interpretation of the immigration rules and should not be considered legal advice; your mileage may vary.

Mfamily
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Posts: 52
Joined: Fri May 03, 2019 1:45 am
Pakistan

Re: Cash saving route

Post by Mfamily » Fri Sep 20, 2019 4:13 pm

geoeng wrote:
Fri Sep 20, 2019 1:49 pm
"11. In respect of cash savings the following must be provided:
(a) Personal bank statements showing that at least the level of cash savings relied upon
in the application has been held in an account(s) in the names of the person and
their partner jointly throughout the period of 6 months prior to the date of application.
(b) A declaration by the account holder(s) of the source(s) of the cash savings."

That is directly from the guidance. If you have received any significantly large gifts, it may be worth including the original source of the funds used to provide the gift as it is a requirement the source of the funds be legal. You will definitely have to elaborate in the declaration what the source of the unspecified "previous savings" is. No specific evidence is outlined in the guidance beyond what is quoted above.
15000 pound is a large gift in your opinion? my brother gave me he's a doctor in USA doing job there can i show his statment as evidence? Or pay slip or what?
Previous savings came from different sources
small cash gifts on wedding.
Property rental income.
Bank profit income.
Teaching Jobs in different places but received amount in cash in Pakistan
. And agriculture income
what should be proof for these?
Our marriage took place before 5 year
Waiting your expert opinion thanks

geoeng
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Joined: Fri Aug 30, 2019 11:54 am
Canada

Re: Cash saving route

Post by geoeng » Sat Sep 21, 2019 8:57 am

I'd consider that a large gift, yes. Per the guidance you do not have to provide proof of the source of the savings, only a declaration stating the source. I can't advise what to include beyond what the guidance says, you have to decide what you think is necessary to include to satisfy the requirements.
I'm just a guy on the Internet who immigrated to the UK. My opinions and advice are based on my experience and interpretation of the immigration rules and should not be considered legal advice; your mileage may vary.

Mfamily
Junior Member
Posts: 52
Joined: Fri May 03, 2019 1:45 am
Pakistan

Re: Cash saving route

Post by Mfamily » Sat Sep 21, 2019 5:57 pm

geoeng wrote:
Sat Sep 21, 2019 8:57 am
I'd consider that a large gift, yes. Per the guidance you do not have to provide proof of the source of the savings, only a declaration stating the source. I can't advise what to include beyond what the guidance says, you have to decide what you think is necessary to include to satisfy the requirements.
Thanks geoeng you're helping alot
My wife owned 4 bedroom house but sharing house with her daughter, father, mother, brother, and sister. Is the property inspection report is necessary? Can you tell us what documents we need for accommodation proof thanks

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seagul
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Re: Cash saving route

Post by seagul » Sat Sep 21, 2019 6:42 pm

Mfamily wrote:
Sat Sep 21, 2019 5:57 pm
geoeng wrote:
Sat Sep 21, 2019 8:57 am
I'd consider that a large gift, yes. Per the guidance you do not have to provide proof of the source of the savings, only a declaration stating the source. I can't advise what to include beyond what the guidance says, you have to decide what you think is necessary to include to satisfy the requirements.
Thanks geoeng you're helping alot
My wife owned 4 bedroom house but sharing house with her daughter, father, mother, brother, and sister. Is the property inspection report is necessary? Can you tell us what documents we need for accommodation proof thanks
No property inspection will be needed because they all are related adults. For accomodation you will need title deeds, mortgage statement, council tax
The opinion expressed as above is neither a professional advice nor contesting/competing to other member's opinion/advice.

Mfamily
Junior Member
Posts: 52
Joined: Fri May 03, 2019 1:45 am
Pakistan

Re: Cash saving route

Post by Mfamily » Sat Sep 21, 2019 8:04 pm

seagul wrote:
Sat Sep 21, 2019 6:42 pm
Mfamily wrote:
Sat Sep 21, 2019 5:57 pm
geoeng wrote:
Sat Sep 21, 2019 8:57 am
I'd consider that a large gift, yes. Per the guidance you do not have to provide proof of the source of the savings, only a declaration stating the source. I can't advise what to include beyond what the guidance says, you have to decide what you think is necessary to include to satisfy the requirements.
Thanks geoeng you're helping alot
My wife owned 4 bedroom house but sharing house with her daughter, father, mother, brother, and sister. Is the property inspection report is necessary? Can you tell us what documents we need for accommodation proof thanks
No property inspection will be needed because they all are related adults. For accomodation you will need title deeds, mortgage statement, council tax
Thanks Seagul.
Do i need A permission letter from my wife that i can live there. My wife's uncle gave that property to my wife 2 month ago. It's not on morgage. And council tax bill comes on my wife's father name. Can you please guide us what exactly we need now because we don't know anything. Thanks

Mfamily
Junior Member
Posts: 52
Joined: Fri May 03, 2019 1:45 am
Pakistan

Re: Cash saving route

Post by Mfamily » Sat Sep 21, 2019 8:21 pm

seagul wrote:
Sat Sep 21, 2019 6:42 pm
Mfamily wrote:
Sat Sep 21, 2019 5:57 pm
geoeng wrote:
Sat Sep 21, 2019 8:57 am
I'd consider that a large gift, yes. Per the guidance you do not have to provide proof of the source of the savings, only a declaration stating the source. I can't advise what to include beyond what the guidance says, you have to decide what you think is necessary to include to satisfy the requirements.
Thanks geoeng you're helping alot
My wife owned 4 bedroom house but sharing house with her daughter, father, mother, brother, and sister. Is the property inspection report is necessary? Can you tell us what documents we need for accommodation proof thanks
No property inspection will be needed because they all are related adults. For accomodation you will need title deeds, mortgage statement, council tax
One more question if the property inspection report not needed then how will they know that the people are staying with my wife are related adults and how many they are?

Mfamily
Junior Member
Posts: 52
Joined: Fri May 03, 2019 1:45 am
Pakistan

Re: Cash saving route

Post by Mfamily » Sun Sep 22, 2019 7:21 pm

Mfamily wrote:
Sat Sep 21, 2019 8:21 pm
seagul wrote:
Sat Sep 21, 2019 6:42 pm
Mfamily wrote:
Sat Sep 21, 2019 5:57 pm
geoeng wrote:
Sat Sep 21, 2019 8:57 am
I'd consider that a large gift, yes. Per the guidance you do not have to provide proof of the source of the savings, only a declaration stating the source. I can't advise what to include beyond what the guidance says, you have to decide what you think is necessary to include to satisfy the requirements.
Thanks geoeng you're helping alot
My wife owned 4 bedroom house but sharing house with her daughter, father, mother, brother, and sister. Is the property inspection report is necessary? Can you tell us what documents we need for accommodation proof thanks
No property inspection will be needed because they all are related adults. For accomodation you will need title deeds, mortgage statement, council tax
One more question if the property inspection report not needed then how will they know that the people are staying with my wife are related adults and how many they are?
Waiting for answer thanks

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seagul
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Posts: 5132
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Re: Cash saving route

Post by seagul » Sun Sep 22, 2019 7:56 pm

Mfamily wrote:
Sat Sep 21, 2019 8:21 pm
seagul wrote:
Sat Sep 21, 2019 6:42 pm
Mfamily wrote:
Sat Sep 21, 2019 5:57 pm
geoeng wrote:
Sat Sep 21, 2019 8:57 am
I'd consider that a large gift, yes. Per the guidance you do not have to provide proof of the source of the savings, only a declaration stating the source. I can't advise what to include beyond what the guidance says, you have to decide what you think is necessary to include to satisfy the requirements.
Thanks geoeng you're helping alot
My wife owned 4 bedroom house but sharing house with her daughter, father, mother, brother, and sister. Is the property inspection report is necessary? Can you tell us what documents we need for accommodation proof thanks
No property inspection will be needed because they all are related adults. For accomodation you will need title deeds, mortgage statement, council tax
One more question if the property inspection report not needed then how will they know that the people are staying with my wife are related adults and how many they are?
Application form ask about the residents living in the property and their relationship with you. If your wife owns the property then she won't need to give you noc letter. If your wife now posses that house outright then simply title deed, council tax will be sufficient.
The opinion expressed as above is neither a professional advice nor contesting/competing to other member's opinion/advice.

Mfamily
Junior Member
Posts: 52
Joined: Fri May 03, 2019 1:45 am
Pakistan

Re: Cash saving route

Post by Mfamily » Sun Sep 22, 2019 9:41 pm

seagul wrote:
Sun Sep 22, 2019 7:56 pm
Mfamily wrote:
Sat Sep 21, 2019 8:21 pm
seagul wrote:
Sat Sep 21, 2019 6:42 pm
Mfamily wrote:
Sat Sep 21, 2019 5:57 pm


Thanks geoeng you're helping alot
My wife owned 4 bedroom house but sharing house with her daughter, father, mother, brother, and sister. Is the property inspection report is necessary? Can you tell us what documents we need for accommodation proof thanks
No property inspection will be needed because they all are related adults. For accomodation you will need title deeds, mortgage statement, council tax
One more question if the property inspection report not needed then how will they know that the people are staying with my wife are related adults and how many they are?
Application form ask about the residents living in the property and their relationship with you. If your wife owns the property then she won't need to give you noc letter. If your wife now posses that house outright then simply title deed, council tax will be sufficient.
She owns that house and possess that house outright but the council tax comes on her father's name. If we submit that council tax it will be sufficient? Or does it have to be on her name?

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seagul
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Re: Cash saving route

Post by seagul » Mon Sep 23, 2019 4:41 am

Mfamily wrote:
Sun Sep 22, 2019 9:41 pm

She owns that house and possess that house outright but the council tax comes on her father's name. If we submit that council tax it will be sufficient? Or does it have to be on her name?
She should have updated her name on council tax bill which she even can do it now. Authorities will send her a new revised bill/notification which will be sufficient.
The opinion expressed as above is neither a professional advice nor contesting/competing to other member's opinion/advice.

Mfamily
Junior Member
Posts: 52
Joined: Fri May 03, 2019 1:45 am
Pakistan

Re: Cash saving route

Post by Mfamily » Mon Sep 23, 2019 12:44 pm

seagul wrote:
Mon Sep 23, 2019 4:41 am
Mfamily wrote:
Sun Sep 22, 2019 9:41 pm

She owns that house and possess that house outright but the council tax comes on her father's name. If we submit that council tax it will be sufficient? Or does it have to be on her name?
She should have updated her name on council tax bill which she even can do it now. Authorities will send her a new revised bill/notification which will be sufficient.
Is it necessary doing council tax on her name for application? Can we not send her father's name council tax?

geoeng
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Posts: 186
Joined: Fri Aug 30, 2019 11:54 am
Canada

Re: Cash saving route

Post by geoeng » Mon Sep 23, 2019 1:14 pm

Seagul may have a reference otherwise, but I don't think it falls under the category of "necessary" though it would be a good thing to do for a number of reasons, particularly for proving you have adequate accommodation under your ownership. Honestly, it looks a bit confusing if you say you're living at a house you own but aren't on the council tax bill for.

From the Immigration Rules: "The applicant must provide evidence that there will be adequate accommodation, without recourse to public funds, for the family, including other family members who are not included in the application but who live in the same household, which the family own or occupy exclusively: accommodation will not be regarded as adequate if-
(a) it is, or will be, overcrowded; or
(b) it contravenes public health regulations."

It is up to you to provide whatever documentation you believe is necessary to show you meet all of that requirement. Title deeds, council tax, and bank statements of mortgage arrangements are just examples of evidence you could use to prove ownership/occupation. When you apply for FLR(M) in a few years you will again be asked for evidence of housing costs and joint correspondence; your wife's name on the council tax bill will help in that regard.
I'm just a guy on the Internet who immigrated to the UK. My opinions and advice are based on my experience and interpretation of the immigration rules and should not be considered legal advice; your mileage may vary.

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