UK Spouse visa cash savings requirement

[Mikey3073]

Hello all.

Firstly I tried to search for an app subject, but couldn't find one. So apologies if it's previously been asked/answered.

I've been reading about the cash requirements and I found this...............


Do cash savings need to be in the bank for 6 months?
The general rule is that cash savings must have been in the bank for 6 months or longer.

There are two circumstances when this is not the case:

#1 Sale of a house

If you or your partner have sold a house in the 6 months before your application, you can use these funds to count as your cash savings for the purposes of your application, as long as:

The property is a residential property, any other building or land;
The property (or share of the property) was owned by you, your partner or in joint names at the beginning of the 6 months period before the date of application;
The funds in your bank must be the net sum of the sale, after any mortgage/loan secured on the property (share of the property) has been paid. Taxes and professional fees (such as legal fees) affiliated with the sale must also have been paid;
If you share ownership of the property in question with another party, only the share you or your partner owned (individually or jointly) counts toward your cash savings.

..........................................................................................

Heres the link (If I'm allowed) weblink removed by moderator

Can anyone confirm this, as I've emailed another advisor who's only confirmed the six month in an account rule.

Kind regards

Mike.

[CR001]

7.4.8 in Appendix 1.7

https://assets.publishing.service.gov.u ... -ext_1.pdf

[Mikey3073]

Wow, It took some reading but it does appear to be correct.

Thank you very much for the info.