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Financial Requirenets (Saving) for FLRM extension

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jafersadeq
Senior Member
Posts: 682
Joined: Sat Jun 20, 2015 2:14 am
Location: LONDON
United Kingdom

Financial Requirenets (Saving) for FLRM extension

Post by jafersadeq » Sun Jul 06, 2025 7:42 pm

Dear Gurus,
I wonder about saving amount to meet the finanical requirements for FLRM extension.
The applicant got his first FLRM on 7/12/2023 and will expire on 5/7/2026.
The applicant wants to use SAVING to meet the financial requirements.
The questions are:
1- What is the total amout of Saving in a UK bank?
2-Governmant link shows the saving.
3-Can the applicant apply 28 days before expiry?
4-What is the way that father can transfer that amount to the applicant (from dad's UK bank account to applicant's UK bank account)?

Please advise
Regards

User avatar
Ticktack
Respected Guru
Posts: 2720
Joined: Wed Mar 23, 2022 10:35 am
United Kingdom

Re: Financial Requirenets (Saving) for FLRM extension

Post by Ticktack » Tue Jul 15, 2025 11:49 am

jafersadeq wrote:
Sun Jul 06, 2025 7:42 pm
Dear Gurus,
I wonder about saving amount to meet the finanical requirements for FLRM extension.
The applicant got his first FLRM on 7/12/2023 and will expire on 5/7/2026.
The applicant wants to use SAVING to meet the financial requirements.
The questions are:
1- What is the total amout of Saving in a UK bank? you need a minimum of £88,500 in savings held for at least six months before the application date.
2-Governmant link shows the saving.
3-Can the applicant apply 28 days before before 2.5 years since entering the UK ideallyexpiry?
4-What is the way that father can transfer that amount to the applicant (from dad's UK bank account to applicant's UK bank account)? I guess you'll need money experts for that. That huge amount would surely raise flags with banking institutions. You'll have to find your own way on this I'm afraid.

Please advise
Regards
No sin in failing, you just have to try and try again!

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