You would need £22,500 in savings as the first £16,000 is disregarded. With £16,000 income you are £2,600 short of the required £18,600 p.a £2.600 x 2.5 = £6500 + £16,000 savings = £22.500 Thank you. I was just reading the same thing on the internet. Will I have to put this into my bank account in o ...