UK Visitor Visa - can I put property value into the answer for how much money we have in savings?

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AFAIK the question you’re referring to relates to liquid assets that help prove the applicant can afford the trip and that the proposed spend is proportionate to their financial situation.

Property ownership helps to prove ties to home country, and to show the overall picture of the applicant’s circumstances. I recommend you state that your father owns property to the value of £xxx in the ‘Extra information’ section at the end of the application, and provide a copy of the property deed along with your father’s other supporting documents.

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