So I've been told that the last payslip will not work (ugh ugh ugh), so now we have to adjust how we're applying.
@ksand24 Would this work out with
Cat A + D?
Because of the pitfall of the last payslip, if combining savings, we need
£18,148.
She has three accounts. One is a
Virgin Money ISA, with
£15k, and the other is an
NS&I Premium Bonds, with
£1200. Both of them have had that amount for well over 6 months (
ISA £££ was inherited from the grandmother years ago). On
Dec 23rd of last year, her mother gave her
£5000 because she owed her from when my fiance loaned it to her years ago for surgery.
She kept the majority of the
£5000 in her Barclay's checking account, and on
Feb 15th, transferred it to her
NS&I Premium Bonds account. Then a few months later, withdrew
£1500, but never falling below
£4200, so still meeting the requirement of
£18,148.
Now (sigh) I just found out that the
NS&I Premium Bonds account won't count per the guidelines, so we'd need to liquidate that account move it to either her
checking, or
ISA.
Say we move it back to her
checking, will this all work?
Her
Barclays bank statements run from the
18th to the 18th. So I was thinking this:
Barclays Bank Statements:
18th Nov to 18th of June (then a partial statement from
18th June to 1st July). This would cover the original transaction of receiving the
£5000 on
Dec 23rd, her bank statements showing her payslips going in, the transfer of the
£5000 on the
15th Feb, and the receiving of the funds again from the
NS&I Bonds months later (
£4200)
Virgin Money ISA: This money was inheritance money from years ago, so simply six bank statements from the
1st of Dec to 1st of July, as they won't do the 18th to 18th because it's now how they do their bank transcripts, that pertained only to Barclays. Would that be fine?
NS&I Premium Bonds: We'd use the same timeline as the ISA,
1st of Dec to 1st of June though, showing the original
£1200, the receiving of the
£5000 on
Feb 15th, and the liquidation of the money at the end of
May.
It sounds
convoluted, but I found nothing in the guidelines that said you can't transfer the money you plan on using as savings between accounts held in your name and never falling below the threshold you require. Would this all be fine?
If so, we could possibly apply near the first week of
July, after receiving the 31st June payslip, updated bank statements from
Barclays and
Virgin Money ISA.
