ESC

Click the "allow" button if you want to receive important news and updates from immigrationboards.com


Immigrationboards.com: Immigration, work visa and work permit discussion board

Welcome to immigrationboards.com!

Login Register Do not show

Tier1 Maintenance fund - Property sale

Archived UK Tier 1 (General) points system forum. This route no longer exists.

Moderators: Casa, archigabe, CR001, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix, John, ChetanOjha, Administrator

Locked
userhsmp
Newly Registered
Posts: 2
Joined: Mon Dec 29, 2008 8:35 am

Tier1 Maintenance fund - Property sale

Post by userhsmp » Mon Dec 29, 2008 8:43 am

HI,
I am planning to fill up the tier1 application shortly. I am aware that one needs to maintain equivalent of 2800GBP in the bank account for the last 3 months, to full fill maintenance fund requirement for the application.

I also understand that this requirement is there to make sure that the applicant have enough funds to support himself/herself for the initial period in UK after his/her arrival.

My question: Is there any provision to show funds available from a property sale proceedings? Instead of showing 2800GBP available for last 3 mths??

I hope tier1 regulations do have space for some flexibility & common sense, and not everything is run by hard coded rules. :)

Please let me know, if contacting the local UK consulate would be of any help, in this matter.


Thanks for any help you may offer.

:)

Markie
Senior Member
Posts: 681
Joined: Wed Sep 21, 2005 3:17 am
Location: Surrey

Re: Tier1 Maintenance fund - Property sale

Post by Markie » Mon Dec 29, 2008 2:06 pm

I am afraid not valid. stick with the 3 months period keeping at least 2800 GBP and you'll be fine. Go below this amount and you're in trouble.

rules are rules...no exceptions...
userhsmp wrote:HI,
I am planning to fill up the tier1 application shortly. I am aware that one needs to maintain equivalent of 2800GBP in the bank account for the last 3 months, to full fill maintenance fund requirement for the application.

I also understand that this requirement is there to make sure that the applicant have enough funds to support himself/herself for the initial period in UK after his/her arrival.

My question: Is there any provision to show funds available from a property sale proceedings? Instead of showing 2800GBP available for last 3 mths??

I hope tier1 regulations do have space for some flexibility & common sense, and not everything is run by hard coded rules. :)

Please let me know, if contacting the local UK consulate would be of any help, in this matter.


Thanks for any help you may offer.

:)

userhsmp
Newly Registered
Posts: 2
Joined: Mon Dec 29, 2008 8:35 am

Post by userhsmp » Mon Dec 29, 2008 2:12 pm

I guess, if there is no guidelines on that, than going with the rule is the only way.

Thanks anyways

push
Moderator
Posts: 3530
Joined: Thu Jun 21, 2007 1:32 am
Location: London
United Kingdom

Post by push » Mon Dec 29, 2008 4:29 pm

I hope tier1 regulations do have space for some flexibility & common sense, and not everything is run by hard coded rules.

Please let me know, if contacting the local UK consulate would be of any help, in this matter.
If only things were so simple and easy my friend!!
regards,
push
Important: Please read this Disclaimer

Locked