ILR Cash savings

[md3]

Upcoming ILR Spouse and one dependent son (now18 which complicates matters).

Calculating on using cash savings only. As this will require two separate applications will each application require proof of £46,500 in savings held for 6 months total £93,000, or can the same £46,500 be used for both? Or would £72,000 (spouse + child) come into the equation anywhere?

FLR application was under spouse name as son was under 18. I assume son will require his own UKVCAS account for ILR?

[vinny]

Children 18 and over

You can only include older children in your application if they both:

were under 18 when they got permission to be in the UK as your dependant

still do not live an independent life - for example, they have not left home, got married or had children
If they turn 18 before you apply, they also need to:

pass the Life in the UK Test
meet the English language requirements

[md3]

Thank you Vinny. I think previously there was a "may" be able to add son to wife's application so we were exploring both options.

Given that we can add son, that would mean having £56,000 in savings? (£72,000 - £16,000)

[md3]

Application for my wife and stepson’s ILR is approaching but is not quite straight forward. Her son (now aged 19) arrived in the UK in May 2019 following a successful refused visa appeal (a process which took four years in total). He was added to his mothers FLR. He has completed A levels and continues to live at home until he can attend University as a UK student. (3 year residency rule)

According to Gov.UK:
Children 18 and over
You can only include older children in your application if they both:
• were under 18 when they got permission to be in the UK as your dependent
• still do not live an independent life - for example, they have not left home, got married or had children

However, looking at the 2018 (last updated printed) version of the application form I can see no provision to include children over 18. Do we complete Section 3 as if he is younger and add a note to that effect (Section 3.9 Further information) or is there a supplementary form/section to complete?
Confusingly it says “Children aged 18 or over must apply separately”

And/or should we complete
Section 2C “YOUR RELATIONSHIP WITH YOUR CHILD - Complete if you are applying as a parent of a child who is present and settled in the UK”

2.32 What is your child’s current immigration status in the UK?
British Citizen in the UK
Settled in the UK
Other - please specify "Entered UK age 16 attached to mother’s FLR"

[md3]

1. Does anyone know if Premium Bonds are acceptable as part of cash savings? (As an Investment Account?)

2. Am I correct in understanding that investment accounts which produce only annual statements (prior to the preceding 6 months) are not acceptable?

These are the requirements that must be met:
the bank/savings account is a current, deposit or investment account
• the account is held is a financial institution regulated by the appropriate
regulatory body for the country in which that institution is operating
• the financial institution is not on the list of excluded institutions under the
Immigration Rules
• regular bank statements are provided
• the statements cover the necessary time period required in the Immigration
Rules
• the savings are held in cash (or their cash value is clear)
• the savings can be immediately withdrawn (with or without penalty)
• the funds are under the control of the person and/or their partner for the
necessary time period required in the Immigration Rules
• the source of the funds is legal
• the source of the funds has been declared