📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Inherited Shares: Sell through Equiniti or Transfer to HL?

Options
2»

Comments

  • Personally I would transfer to HL, I have everything on there including my pension and they are by far the best platform out there. May be worth looking into transferring it into your tax free isa allowance if you want to hold onto them for longer.
    Just to be fair that is only a matter of opinion. 
    Although it is clear Equiniti are expensive, HL have more direct competitors that also do a good job, and have more competitive pricing.
    I'd be interested in knowing other Trading Companies that others use please if you wouldn't mind sharing. Thanks.

  • explorerm
    explorerm Posts: 61 Forumite
    Seventh Anniversary 10 Posts Name Dropper
    edited 18 March 2024 at 10:46PM
    Personally I would transfer to HL, I have everything on there including my pension and they are by far the best platform out there. May be worth looking into transferring it into your tax free isa allowance if you want to hold onto them for longer.
    Just to be fair that is only a matter of opinion. 
    Although it is clear Equiniti are expensive, HL have more direct competitors that also do a good job, and have more competitive pricing.
    I'd be interested in knowing other Trading Companies that others use please if you wouldn't mind sharing. Thanks.

    I transferred Marks & Spencer’s Shares that I have held for years from Equiniti last year to Fidelity. I sent in the share certificates to Fidelity along with a transfer form and within 2 weeks or so they appeared in my Fidelity GIA. Should be even more straight forward to transfer in your case as the shares are already held electronically in a Nominee account at Equiniti. Fidelity are slightly cheaper than HL, at £7.50 rather than HL’s £11.95 to sell shares.
  • Notepad_Phil
    Notepad_Phil Posts: 1,561 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    Personally I would transfer to HL, I have everything on there including my pension and they are by far the best platform out there. May be worth looking into transferring it into your tax free isa allowance if you want to hold onto them for longer.
    Just to be fair that is only a matter of opinion. 
    Although it is clear Equiniti are expensive, HL have more direct competitors that also do a good job, and have more competitive pricing.
    I'd be interested in knowing other Trading Companies that others use please if you wouldn't mind sharing. Thanks.

    Mrs Notepad used iweb ( https://www.iweb-sharedealing.co.uk ) last year to transfer in two lots of shares, they were in her account within a few days of posting them off. Iweb normally have a £100 account opening fee, but it's currently free. They don't have any percentage platform fee, you just have to pay a £5 dealing commission fee to buy or sell.

    X-O ( https://www.x-o.co.uk )  is also frequently mentioned as a good cheap platform to transfer shares to when topics such as this come up.
  • Albermarle
    Albermarle Posts: 27,994 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Personally I would transfer to HL, I have everything on there including my pension and they are by far the best platform out there. May be worth looking into transferring it into your tax free isa allowance if you want to hold onto them for longer.
    Just to be fair that is only a matter of opinion. 
    Although it is clear Equiniti are expensive, HL have more direct competitors that also do a good job, and have more competitive pricing.
    I'd be interested in knowing other Trading Companies that others use please if you wouldn't mind sharing. Thanks.

    I was not referring to share trading specifically. The poster had mentioned that HL were the best for SIPP's as well.
    Some of these platforms are multifunctional and some are more geared to one activity than another, so it depends exactly what you want to do.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.