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Selling Barclays Shares

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 !!

Comments

  • EdGasket
    EdGasket Posts: 3,503 Forumite
    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.
  • Ifts
    Ifts Posts: 1,960 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Name Dropper
    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#5
    Never let the perfume of the premium overpower the odour of the risk
  • Thanks for the advice guys...should help save a few pounds...will give it a whirl..
  • jiminrio
    jiminrio Posts: 29 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    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 please
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