i have some shares,i would like to sell,anyone care to give me some advice as to how to go about it?
Its worth asking your local bank if they can sell them for you which may be your cheapest option (followed by them ringing you to offer their own
financial advice once the funds clear!!! ).
Barclays Bank are worth a try too as they have a stockbroking arm
http://www.stockbrokers.barclays.co.uk/?category=publicproductsandservices&middleusecase=publicproducts&usecase=publicstocksandshares&topu
secase=publicstocksandshares
one big tip is to sell them half b4 april and half after to save on your tax bill.
i would see an advisor or join a forum if you dont know much about them.
quote:
Originally posted by thunderace
one big tip is to sell them half b4 april and half after to save on your tax bill.
i would see an advisor or join a forum if you dont know much about them.
they seem to be free falling faster than an alfa romeo at the mo.
so i dont look a complete numpty,what do i do/take to barclays etc to grab the cash?
You'll need the share certificate(s) & probably some ID. HTH
As said, you need to contact bank,say Barclays, Share Dealing arm. They will sell the shares for you either at current price or at a price you
specify. You have to have some proof that the shares are yours. If under the non-computerised system you actually have paper certificates you will
have to send them in at some point.
Be aware that Barclays will take commission. I have a few shares in something or other and it would cost more in the minimum commission than I would
get for them so they just sit there.
I don't think you could just roll up at your local branch and walk out ten minutes later with cash in your pocket. As far as I remember, you have
to wait until next settlement day (a fortnight? month? later before the deal is done and you get your money.
Confused ? Don't blame you
i dont have paper shares as such,just the original i was given (now taken over by aviva) and the 1/4? dividend thingies (tech term).
ill give them a bell and see what gives,cheers for your help peeps
If you have an acount with RBS you can 'do the deal' in one of their branches for a flat fee of £15. Natwest used do the same for their
account holders and may still do.
Most banks probaly do for existing account holders just by going in with the certificate and id.
See here
If you contact the number on the shares dividend letter ans ask them they will most likely do the deal for you and get you a better price than a trader.
quote:
Originally posted by theconrodkid
i have some shares,i would like to sell,anyone care to give me some advice as to how to go about it?