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one off share sale
jackitallin
Posts: 1 Newbie
I have a few shares that I've held for years and now want to sell. I actually have the paper certificate, they're not electronic. What is the cheapest and easiest way to sell them?
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Try the savings and investments subboard in the banking and borrowing category of the forum. I'm sure someone there will be able to help youIt doesn't matter if you are a glass half full or half empty sort of person. Keep it topped up! Cheers!1
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iWeb (soon to become Scottish Widows Share Dealing). It still accepts the lodging of share certificates - these days not all brokers do - and it only charges £5 per trade. iWeb's ultimately owned by Lloyds Banking Group.jackitallin said:I have a few shares that I've held for years and now want to sell. I actually have the paper certificate, they're not electronic. What is the cheapest and easiest way to sell them?
https://www.iweb-sharedealing.co.uk/
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Probably easiest to open an account with an investment platform and lodge the share certificate with them and then sell. Others may know what it costs to sell shares if you have a paper certificate but I believe it is not cheap.
Iweb is a popular platform on here and the attached page has a bit at the bottom about lodging paper certificates with them (after you have opened an account obviously). Other platforms are available and may be cheaper I don't know. Selling costs £5 per deal on Iweb.
Transfer your existing investments | IWeb Share Dealing1 -
The cheaper brokers e.g., Trading212 and Freetrade don't accept certificates. I doubt you'll do better than £5 and no ongoing account fee with iWeb.DRS1 said:Probably easiest to open an account with an investment platform and lodge the share certificate with them and then sell. Others may know what it costs to sell shares if you have a paper certificate but I believe it is not cheap.
Iweb is a popular platform on here and the attached page has a bit at the bottom about lodging paper certificates with them (after you have opened an account obviously). Other platforms are available and may be cheaper I don't know. Selling costs £5 per deal on Iweb.
Transfer your existing investments | IWeb Share Dealing
I note AJ Bell has reduced its dealing fee to £5 as well so that's another option but it has an account fee you'll need to pay if you leave your shares in there for too long.2
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