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one off share selling
eaglesrjh
Posts: 376 Forumite
Wanted some advice please on best way to sell shares as a 1 off deal. i.e not interested in trading.
basically i have 2 sets of shares from previous employment and needs must now to cash them in.
I physically have share certificates.
whats the best/cheapest way of selling them?
many thanks in advance.
basically i have 2 sets of shares from previous employment and needs must now to cash them in.
I physically have share certificates.
whats the best/cheapest way of selling them?
many thanks in advance.
if i had known then what i know now
0
Comments
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The cheapest way is to open an online share account with someone like Hargreaves Lansdown, get them to put the share certificates into this account (separate section on form used to open the account) and then sell online and withdraw the money.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
Cheaper still is the norwich and peterborough building society share dealing account which is free of charge today and again in 4 weeks time.“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0
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Glen_Clark wrote: »Cheaper still is the norwich and peterborough building society share dealing account which is free of charge today and again in 4 weeks time.
thanks, but all i see on their site is an offer for commission free buying today and in 4 weeks time, nothing about selling. Am i missing something?if i had known then what i know now0 -
thanks, but all i see on their site is an offer for commission free buying today and in 4 weeks time, nothing about selling. Am i missing something?
oops sorry, didn't notice that
“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
OP should consult a former colleague, as former employer may have provided a cheap way to sell. Otherwise go via HL as suggested above.0
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BTW, if you want to put the money into a Stock and Shares ISA, then HL will do an online "Bed and ISA" without a dealing fee. The shares will then sell in your "Vantage Fund and Share" account and the cash will appear in your "Vantage ISA".
Of course, you could then withdraw the money from the ISA ...
Note that I personally regard using an online platform like this as a cheap/free way of selling shares as somewhat underhand but I guess this is MSE!
Edit: The max you can Bed and ISA is £11,280 minus whatever you might have done in a cash ISA this year. If you've done a S&S ISA, then you can't do it at all.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
might not be the cheapest option, but simplest is to lookup the company registrar and see if they have a telephone/online trading service capita/computershare/equiniti etc.!!
> . !!!! ----> .0
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