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ILR Cash Savings specifics

Only for queries regarding Indefinite Leave to Remain (ILR). Please use the EU Settlement Scheme forum for queries about settled status under Appendix EU

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Woodyd
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Posts: 20
Joined: Sat Nov 24, 2018 9:17 pm
South Africa

ILR Cash Savings specifics

Post by Woodyd » Thu Jun 27, 2024 2:53 pm

Hello all,

We will be submitting out ILR application for my Spouse next month using the Cash Savings route, and I'd like some advice/confirmation on the following please.

We will provide evidence of 6-months Cash Savings over £34,600 between two Instant Access Cash ISAs - one for my wife (applicant) and one for me (sponsor).

1. My wife will provide her P60s from 2022/3 and 2022/4 as proof of savings from employment income, along with her Cash ISA statements showing a minimum of £15,009 for 6 months to July 1st. Will the P60s be sufficient proof of source of funds, along with her signed Declaration letter?

2. I will show £21,453 as gifted money in separate amounts in 2022 and 2023 from my mother after she sold her house. I will submit my Cash ISA statements showing a minimum of £20,275 for 6 months to July 1st. The gifted money went into our joint current and savings accounts, and was later moved to my ISA over 6 months ago. As evidence of the source of funds, I plan to submit proof of my mother's house sale. I will also submit bank statements showing several transfers of gifted money from her account to mine in 2022 and 2023, as well as a signed Declaration letter. Is this sufficient, or am I overdoing it? Am I missing anything?

I realize this may be a bit complicated, and hope someone can advise me, and hopefully help others in this situation.

Thank you for helping us through this stressful time.
Roger

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zimba
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Joined: Mon Aug 11, 2014 6:13 pm
Location: UK
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United Kingdom

Re: ILR Cash Savings specifics

Post by zimba » Thu Jun 27, 2024 3:11 pm

Where does it say you need all this stuff ??? You only need a declaration by the account holder or holders of the source or sources of the cash savings. Have you read the guide ???

https://assets.publishing.service.gov.u ... rement.pdf
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice

AmazonianX
Respected Guru
Posts: 8127
Joined: Tue Jun 11, 2019 2:09 pm
United Kingdom

Re: ILR Cash Savings specifics

Post by AmazonianX » Thu Jun 27, 2024 3:36 pm

Woodyd wrote:
Thu Jun 27, 2024 2:53 pm
Hello all,

We will be submitting out ILR application for my Spouse next month using the Cash Savings route, and I'd like some advice/confirmation on the following please.

We will provide evidence of 6-months Cash Savings over £34,600 between two Instant Access Cash ISAs - one for my wife (applicant) and one for me (sponsor).

1. My wife will provide her P60s from 2022/3 and 2022/4 as proof of savings from employment income, along with her Cash ISA statements showing a minimum of £15,009 for 6 months to July 1st. Will the P60s be sufficient proof of source of funds, along with her signed Declaration letter?

2. I will show £21,453 as gifted money in separate amounts in 2022 and 2023 from my mother after she sold her house. I will submit my Cash ISA statements showing a minimum of £20,275 for 6 months to July 1st. The gifted money went into our joint current and savings accounts, and was later moved to my ISA over 6 months ago. As evidence of the source of funds, I plan to submit proof of my mother's house sale. I will also submit bank statements showing several transfers of gifted money from her account to mine in 2022 and 2023, as well as a signed Declaration letter. Is this sufficient, or am I overdoing it? Am I missing anything?

I realize this may be a bit complicated it is not, and hope someone can advise me, and hopefully help others in this situation. Don't make it complicated. Account statements and declaration of the source of the funds is sufficient.

Thank you for helping us through this stressful time.
Roger

Woodyd
Newly Registered
Posts: 20
Joined: Sat Nov 24, 2018 9:17 pm
South Africa

Re: ILR Cash Savings specifics

Post by Woodyd » Fri Jun 28, 2024 4:25 pm

Thanks, AmazonianX. I realise I've overdone it now...

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