Selling certificated shares - cheapest way?

Doc_N

We have a few shares still held in certificated form which we've never got round to putting into an ISA or getting rid of.

It's going to be more expensive than if they were held electronically - that much I appreciate - but any thought, please, as to the cheapest way of disposing of them?

System

It may be cheaper to open a share dealing account then transfer in the share certificates so that you hold them electronically (usually free) then sell the shares and close the share dealing account.

Ifts

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 (part of Jarvis Investment Management Ltd) - free to open and no annual account charges - then transfer your share certificates in to your account (to be safe send the shares in by registered post) and sell them for £5.95 per share holding.

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

What markets can I deal in?

http://www.x-o.co.uk/how_to_use.htm#11


And if you don't want to go down the route of transferring them into electronic form you could use:

http://www.sellmysharecertificates.com/

(which like X-O.co.uk is also part of Jarvis Investment Management Ltd) and sell at a fixed commission of £22.50 per holding.