Advisory Charges

Principal Dealing

• Commission Free
• Subject to a £15 Compliance Charge Per Trade.

Agency Commission - All UK Equities Except Government Stocks

• On the First £0 to £10,000 = 1.65%
• On the next £10,001 and above = 0.8%
• Minimum Commission £17 Per Trade
• All Agency Bargains are subject to a £10 Compliance Charge
• Agency transactions that do not settle via the UK and Crest are chargeable at £40 per trade or 0.5% whichever is greater. 

UK Government Stocks and Corporate Bonds

• On the First £0 to £10,000 = 1.65%
• On the next £10,001 and above = Negotiable
• Minimum Commission £17 Per Trade  

Unit Trusts

• Commission is paid by Unit Fund Manager on Purchases. Sales charged at UK Equity Scale.

Other Charges

• We may charge (to cover our costs) £15 each time settlement is not fulfilled, within one day after its due date, in addition to interest charges on overdue amounts, including a trade that will be settled by way of a Certificate and we do not receive that Certificate.

• Invalid stock rejection from Registrars £15. (Stock Certificates deposited by you that are rejected by Registrars as invalid will incur this administration charge per rejected stock).

• Withdrawal of Share Certificates will incur an additional charge of £15. (Requests to withdraw shares from electronic holding at Hoodless Brennan back to you as a Certificate will incur this additional charge).

Other Services

• Internal Stock Transfer (Advisory to Online accounts) - £10 per item. (Transfer of stock between accounts at Hoodless Brennan).

• Transfer of holdings to other institutions - £10 per item.

• Transfer of foreign holdings outside of Crest via Agent £40 per item.

• Overseas market listed share certificate deposit £50 per line of stock.

• Splitting Bargains - £10 per item.

• Audit requests - £15 per item.

• Probate valuations - £35 or 0.5% whichever is greater.

• Sale of shares under probate - £17 per line.

• Corporate action handling - £5 per item.

• Request for duplicate dividend voucher - £5 each.

• Request for hard copy of annual reports - £5 each. (Free if requested online)

• Request for statements - £2 each. (Free if requested online)

• Tape recordings of telephone conversations - £25 minimum charge (full details of charges on request).

• ISA Annual Management Fee - £50 per annum.

• Customers holding cash on their account with us will be paid interest at the flat rate of 2%. Interest is calculated daily and credited at the end of each quarter. We reserve the right not to credit interest where the amount would be less than £5 per quarter.

• Stamp Duty - UK Equities 0.5% on all purchases. Different rates may apply to Foreign Market listed shares.

• PTM Levy  - Panel of Takeovers & Mergers Levy - £1.00 on all transactions of £10,000 and over for UK Equities.

Risk Warnings

Click here to see full Risk Warnings.

Please read our Terms & Conditions for Advisory Broking.