Costs
ISA – costs
Dealing charges
| Type of dealing (purchase and sale) | Online/phone dealing charges | Inactivity fee |
| Real-time share dealing | 1% (£7.50 minimum) | No |
| Real-time dealing with Trader option | £7.50 | No |
| Batch instruction | 1% (£2.50 minimum on purchase. £7.50 on sale) |
No |
| Stamp Duty | 0.5% payable on the purchase of UK shares. Other rates may apply to shares listed outside the UK |
| PTM Levy | £1.00 on all transactions over £10,000 |
| Unit Trust and OEICs | Any discount we negotiate for you on the initial fee will be used to buy additional units |
Trader option (optional) – costs
| Trader option, charge per quarter | £20.00 + VAT |
| Dealing charge, per £25,000 | £7.50 |
Regardless of how many accounts you have, you pay a fixed amount for each transaction with the Trader option rather than a percentage of the investment.
You can buy or sell shares up to the value of £25,000 for a flat dealing commission of £7.50 with the Trader option. Deals over this size are charged at an additional £7.50 or part thereof per £25,000 of value.
Is the Trader option right for me?
DIY ISA – administration fee
The quarterly administration fee for a DIY ISA is based on the total value of your account, less the value of any Unit Trusts or OEICs you may hold as of the valuation date (on or around 5 January, April, July and October). It is payable in arrears and debited from your account.
| Per quarter, payable in arrears | 0.125% (£5.00 minimum) + VAT |
Funds ISA – administration fee
There is no administration fee for a Funds ISA.
| Funds ISA administration fee | 0% no charge |
Regular investing
| Standard charge | 0.5% (£1.00 minimum) |
How can regular investing help me?
Other fees
| Cash transfer to your bank | |
| 3-day transfer Same day transfer Overseas |
Free £25.00 £50.00 |
| Cash transfer to your home | |
| By cheque | £5.00 |
| Share transfer for each shareholding | |
| Transferred in Transferred out |
Free £15.00 |
| Gifting fee | £5.00 |
| Gifting fee - spouse | Free |
| Gifting fee - charity | Free |
| Bounced cheque or unpaid direct debit | |
| Handling fee | £15.00 |
| Quarterly Re-investment |
| 0.5% including VAT (£1.00 minimum), plus Stamp Duty. No minimum if contract note sent by email |
How do I pay fees?
Dealing charges
Dealing charges are taken as part of each transaction.
Administration fee and Trader option
Quarterly fees are deducted from your account in January, April, July and October, so be sure you have sufficient cash available to cover them. If the cash isn’t available, the outstanding amount will be automatically deducted from the next credit to your account.
Other fees and Regular investing fees
Other fees are deducted from your account at the time of the individual transaction. We will contact you if there is insufficient money available to cover any fees due.
What if fees remain unpaid?
If outstanding fees increase over time, you will be able to see the amount owed via your statements. You can then pay into your account as normal to cover the amount owed.
Please note, we may write to you if the outstanding amount is not cleared and could sell investments in your account to cover the amount owed.
01296 41 41 41
Apply now
Open an account online and start dealing today.
