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Where do I start - Selling Shares for the first time ?
Indeep
Posts: 2 Newbie
I have a small number of shares I received Many years ago for being a customer of the utility companies when they first went onto the stock market.
I am needing to sell due to my husband being out of work and no benefits coming in (not enough stamps paid).
I am scared to lose them all on fees to the selling agent.
Can anyone advise me on this one?
I am needing to sell due to my husband being out of work and no benefits coming in (not enough stamps paid).
I am scared to lose them all on fees to the selling agent.
Can anyone advise me on this one?
0
Comments
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I have a small number of shares I received Many years ago for being a customer of the utility companies when they first went onto the stock market.
I am needing to sell due to my husband being out of work and no benefits coming in (not enough stamps paid).
I am scared to lose them all on fees to the selling agent.
Can anyone advise me on this one?
If they're certificated shares, i.e. not held in any kind of nominee account and you have the share certificates yourself, you might be better approaching the Registrars (often Equiniti nowadays) rather than incurring additional charges through brokers. There will still be charges, but it's unavoidable.0 -
What are the shares worth? Easy to work out: look up the share price online and multiply by the number of shares you have. If it's more than £2000 worth you might find your bank will move them into an online share account at no charge. You can then sell online for a very low fee. NatWest do this - pop into your nearest one and ask them to explain how this works. Also ask your bank how much it would cost if you wandered in with the certificate and said: please sell these for me.0
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