Wish to sell inherited National grid shares without exorbitant percentage charged by stockbrokers

dee100

The share certificate is now in my name, I have it.
This is a one off sale.
Can anyone recommend a reliable broker who will selll them at a fixed rate either online or by phone, please?
It was done through Equiniti who charge about 2%.
I could not find anything via online search.
Suggestions would be much appreciated,
Also, I am curious, why is the price of the shares on the certificate? As prices change by the minute 
Many thanks

Vortigern

Open an account with XO. (Not an ISA)
Send them your share certificate.
Sell for fixed fee of £5.95
Withdraw your cash.

The value shown on your share certificate is a nominal amount and is of no great significance.

Alexland

https://www.x-o.co.uk/nominee-account.html
As above and remember to close the account when no longer required.

Vortigern

Alexland said:

https://www.x-o.co.uk/nominee-account.html
As above and remember to close the account when no longer required.

Why close, when there's no cost to keep it open?

Alexland

Vortigern said:

Why close, when there's no cost to keep it open?

It's good practice to close unused accounts. Otherwise you need to keep ontop of any changes to the terms, notify them of changes to address, etc.

dee100

Thanks.
You both wouldn't recommend them unless they were a bona fide company.

Alexland

dee100 said:

You both wouldn't recommend them unless they were a bona fide company.

I used to be a customer and companies house has their filing history going back to 1984.

dee100

Thanks again!
You might consider seeing another post I just made re a related matter....
cheers!

Vortigern

dee100 said:

Thanks.
You both wouldn't recommend them unless they were a bona fide company.

I've used them to sell employee shares, privatisation shares and inherited shares. It's a basic, no-frills service, but it's cheap and it works. I read your other query about dividends but can't help there, sorry.

maxsteam

Yes. Do it in three steps. Open an account with x-o (Jarvis) - other brokers are available. Fill in the CREST form and send them the certificate. Sell the shares after they appear in your online account.

An alternative is to use a broker who provides certificated share dealing. There are a few but I am not aware of any that charge less than £25 per trade.

singhini

i'm in a similar situation to the OP in that i inherited shares (a few years ago). My shares are in 5 companies but each share holding is only a few shares in each company i.e 20 to 50 shares with a total value of roughly £700.

I set up an Equiniti Shareview account a while back and i can see all the different shares listed in one place (3 are listed as "Corporate Sponsored Nominee" and 2 share holdings are "Shares")

I've just taken alook at the Equinity Shareview website and they charge minimum £45 for online selling.
Can i move these shares to X-O or do i have to stay with Equiniti? 
if i can move them can someone explain the process please? ((i've got no interest in these shares, there just sat with Equiniti).