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Selling shares
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imsi
Posts: 236 Forumite


My elderly father-in-law has some shares that he wants to sell and he's asked me if I would look into the best way to sell them. I've never owned shares myself so I'm finding this a little bit tricky. The shares he has are in Wessex Water, National Grid, Centrica , BG Group BT and Lloyds Bank.
Some of these seem to be under a company called Equiniti on the shareview.co.uk website.
I'm unsure whether he is free to sell with the cheapest broker or whether Equiniti have the right to charge a fee when shares are sold.
Apologies if this sounds confused.
Any advice on cheapest way to sell these shares would be welcome.
Some of these seem to be under a company called Equiniti on the shareview.co.uk website.
I'm unsure whether he is free to sell with the cheapest broker or whether Equiniti have the right to charge a fee when shares are sold.
Apologies if this sounds confused.
Any advice on cheapest way to sell these shares would be welcome.
0
Comments
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Looks like £12.50 per trade to sell online or £35 per stock to transfer somewhere else.
http://www.shareview.co.uk/4/Info/Portfolio/Default/en/Home/Products/Documents/RatesandChargesIAISA.pdf
Are some of the holdings held elsewhere or are they all on shareview?0 -
I replied to your question on the general share dealing discussion thread at http://forums.moneysavingexpert.com/showpost.php?p=73855886&postcount=2628
That was before I saw you'd created a new thread with a bit more information here, but hopefully the answer is still valid.0
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