Selling shares

[unclebulgaria67]

I was looking into selling a few shares that had little value and noticed that brokers were charging £20+ for execution only, which was a good chunk of the value. I then looked into who the registrar was for the shares and they offer a basic sell option for £5. So the lesson i learnt was that sometimes, it is worth looking at whether the registrar offers a better deal than you can get elsewhere. Most registrars seem to offer a cheaper execution only sale service and they seem to be mostly cheaper. Because they hold the register of shareholders they also have your details.

[Tawnyowl]

I feel perhaps the Brokers are making quite a nice living off selling shares by the sound of it.

Is it true that this can be done in a minute or two.

Sounds like you are a shrewd fellow who has the expertise to look around.

Check things out before acting.

That is a huge saving you may be making.And a tip for others.

[Mr.P]

If you are regularly buying and selling shares, it is worth looking to see if they can be held in a nominee account. You won't get a share certificate, but dividends will still be paid to you and selling is usually much cheaper.