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Stocks and shares ISA - can be used a 'wrapper' for choice of own shares?

loucyp
loucyp Posts: 12 Forumite
in ISAs & tax-free savings
Hi everyone

There are certain shares I want to buy. Someone told me you're able to buy any shares you want and put them in a stocks and shares ISA. Is that right? I can't find any information about it.

Many thanks
Lou

Comments

  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    Yes of course you can.

    What do you think S&S ISAs were used for??

    You just need to find a stockbroker e.g. iii
  • loucyp
    loucyp Posts: 12 Forumite
    Brilliant

    Cheers for the website too - looks like a very handy resource...
  • Farway
    Farway Posts: 15,514 Forumite
    Part of the Furniture 10,000 Posts Homepage Hero Name Dropper
    loucyp wrote: »
    Hi everyone

    There are certain shares I want to buy. Someone told me you're able to buy any shares you want and put them in a stocks and shares ISA. Is that right? I can't find any information about it.

    Many thanks
    Lou

    Just to avoid confusion [if any]

    You have to have the SS ISA first, then buy the shares from your money held within it, not buy shares and then put them in it. You can do this, but you would have to sell & rebuy in the ISA, incurring charges along the way
    When an eel bites your bum, that's a Moray
  • paddytt
    paddytt Posts: 302 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    also try www.TDWaterhouse.co.uk and www.x-o.co.uk for better value services

    TT
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