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matt1020 wrote:Thank you for your replies - you've been most helpful.
We don't have any children so I'm guessing from what you've said, the 10-year route is out.
My wife isn't working at the moment. She was the unofficial carer for my mum, who died just before Christmas. She is looking for work at the moment though. If she is working does her income count towards the £18,600 requirement? Your wife's earnings will qualify towards meeting the minimum income level.
The other thing is that we inherited my mum's property which is worth about £250,000. Can we use that as an asset to meet the financial requirement, or do we actually need to have sold it and have the money in the bank? The property has to be sold and the proceeds within your control.
Many thanks again.
Thanks for that informationCasa wrote:matt1020 wrote:My wife isn't working at the moment. She was the unofficial carer for my mum, who died just before Christmas. She is looking for work at the moment though. If she is working does her income count towards the £18,600 requirement? Your wife's earnings will qualify towards meeting the minimum income level.
The other thing is that we inherited my mum's property which is worth about £250,000. Can we use that as an asset to meet the financial requirement, or do we actually need to have sold it and have the money in the bank? The property has to be sold and the proceeds within your control.