I know for support purposes, UK residents need to show over £2000.00 savings and not to have gone in the red.
Could an ISA or similar investments be classed like this or should that be in cash, ready to withdraw?
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I know for support purposes, UK residents need to show over £2000.00 savings and not to have gone in the red.
Could an ISA or similar investments be classed like this or should that be in cash, ready to withdraw?
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You should appear solvent on your current account, not going into your overdraft or anything, making it like you've got a few quid there, and then, if you got an ISA, it's proof that you got some dosh, so in short
make sure current account doesn't go into red
have your money either in isa or current
explain any apparent discrepancy in covering letter.![]()
ISA's etc are classed as investments, you really need 'loose change' of a few grand in your account. You still tell them about everything you have though.
Keith - Administrator
Basically you should include anything that can be turned into ready cash
in a reasonable amount of time.
eg shares, ISA, endowment policy, unit trusts
It also shows the ECO that you are financially "astute", and have money
put aside for emergencies, change of circumstances etc, and you will
not have to rely on the public purse.
No man is an island, but Barry is
Give me all your money and I'll invest it for you, plus I'll throw in a free night with Dom![]()
Keith - Administrator
Hang on..... from Northerner's money to sex with Dom![]()
Keith - Administrator
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