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Selling Barclays Shares
Steve_Boorman
Posts: 113 Forumite
My 86 y/o Mum has 232 Barclays shares from years ago when they bought The Woolwich.
Can anyone recommend the best way to sell them...The brokers for Barclays online want to charge £55 ...over 25% of the value !!
Can anyone recommend the best way to sell them...The brokers for Barclays online want to charge £55 ...over 25% of the value !!
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Comments
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If they are certificated, she can transfer them for free to you or someone who has a share dealing account using a Crest transfer form. You can then send them to your share dealing service and ask them to be added to your account from where you could sell them online for £6 - £13 depending on which service you use. If you don't have a share dealing account and only the share certificate then it is expensive but try asking in your own bank how much they would charge; should be around £25 - £30.0
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You could use someone like X-O.co.uk share dealing services (£5.95 per trade) for a cheap method of selling the shares.
Open a Share Dealing account with X-O.co.uk (free to open and no annual account charges) then transfer the shares in to your account and sell them for £5.95 per share holding.
And if you have a certificate for the shares:
How do I transfer in stock that I hold in the form of certificates?
http://www.x-o.co.uk/how_to_use.htm#5Never let the perfume of the premium overpower the odour of the risk0 -
Thanks for the advice guys...should help save a few pounds...will give it a whirl..0
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Hi all,not sure if this is where to post but here goes.My parents have had a letter from Barclays sharestore to say they are transferring the shares to another company to provide the sevice or they can pull out and get a certificate for the shares.Advice please0
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