We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 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!
Need help advice about to sell paper shares
Options
Keanosafc
Posts: 298 Forumite
Hi, I have one set of shares (paper) which are worth roughly £800, I am looking to sell these, however don't have a clue where to go or who with.
I originally bought the shares through barclays about 10 years ago, however I have been informed by barclays that they no longer deal in these shares, therefore i cannot sell them through these.
The registrar quoted me 60+ euro to sell them, (after putting another post on this site I have gathered this is excessive),
could someone point me in the right direction in order to sell the shares through a company which will not extort more money out of me.
I originally bought the shares through barclays about 10 years ago, however I have been informed by barclays that they no longer deal in these shares, therefore i cannot sell them through these.
The registrar quoted me 60+ euro to sell them, (after putting another post on this site I have gathered this is excessive),
could someone point me in the right direction in order to sell the shares through a company which will not extort more money out of me.
0
Comments
-
If you can sell them through Selftrade, then use the Selftrade referral scheme and they will effectively pay you to sell them.
You can get up to £80 from other money savers by going down this route.I am a Chartered Financial Planner
Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.0 -
As Aegis says you should be able to open a Selftrade account and by means of a Crest transfer form lodge the shares in this account and sell them from there, how practical this would be, particularly if it is for a one off I don't know, but it is a thought.Hope for the best.....Plan for the worst!
"Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown0 -
If you can sell them through Selftrade, then use the Selftrade referral scheme and they will effectively pay you to sell them.
You can get up to £80 from other money savers by going down this route.
Thanks, I'm just on a lunchbreak so don't have time to research this yet, (I'll google selftrade),
how would I get up to £80?0 -
If you do a search for the Selftrade Referral Scheme on this site, you'll find that a number of members are able to refer you to Selftrade (netting you and them £50), and will then hand over £30 more from their £50 as a present
As such, you will end up with £80 and will only need to pay £12.50 to get rid of your shares, if memory serves.I am a Chartered Financial Planner
Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.0 -
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.3K Mortgages, Homes & Bills
- 177K Life & Family
- 257.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards