HL Stocks & Shares ISA withdrawl

eddiemacthedog

Im quite the novice with this, I have a HL ISA which i pay £600 a month into, now i had a fund that i no longer pay into so i sold all my holding and thought i could just get the money into my bank account, except when i try to withdraw it wont allow it, i see the cash value in the app but wont let me take it out.

My understanding of it all was ill use this ISA for savings and withdraw money as and when i need it (very rare) as i have my standard current account as well.

Any help to gain a better understanding of it all appreciated.

Thanks in advance.

Moe_The_Bartender

I suspect that you are making an error somewhere but it’s not possible to determine how from your post. I've always found withdrawing cash from HL to be quite straightforward. Call their helpline and they will put you on the right track.

A_T

You probably need to wait for the settlement time - maybe 3 or 4 days

eddiemacthedog

ok thanks for that, and theres no issue with tax etc taking the money out altogether?

AnotherJoe

Correct no issue with tax. And yes if you sold the fund say yesterday it will be a couple of days before you can transfer the money.