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Maintanace Funds

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

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naseef
Newly Registered
Posts: 3
Joined: Wed Sep 05, 2012 2:30 am
Location: United Kingdom

Maintanace Funds

Post by naseef » Mon Sep 24, 2012 4:43 am

I will be applying for tier 1 entrepreneur switching from tier 4. i have £200,000 deposited in my uk bank account.

I will also have to maintain £900 for 3 months.

Can i show my moms fixed deposit balance for three months or will it have to be in my name?

rajm2012
Member
Posts: 101
Joined: Tue Jul 10, 2012 11:25 pm

Re: Maintanace Funds

Post by rajm2012 » Mon Sep 24, 2012 4:55 am

naseef wrote:I will be applying for tier 1 entrepreneur switching from tier 4. i have £200,000 deposited in my uk bank account.

I will also have to maintain £900 for 3 months.

Can i show my moms fixed deposit balance for three months or will it have to be in my name?
I don't think third party funding is allowed with maintenance. It will have to be in your name, I think. I'm not 100 per cent sure about this though. Please read the policy guidance.

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