Easy Builder SIPP
Minimum deposit of £1,000
Regular monthly contributions from £200, or lump sum deposits available
Annual fee of £275
Excludes investment in property
The first annual charge is payable on acceptance of your Arrangement and subsequent annual charges on each anniversary of the acceptance date and are subject to annual inflation rises.
» Register your interest
Comprehensive SIPP
Regular monthly contributions from £200 or lump sum deposits available
Annual fee of £375
Wide investment choice including property investment including commercial property
The first annual charge is payable on acceptance of your Arrangement, and subsequent annual charges on each anniversary of the acceptance date and are subject to annual inflation rises.
» Register your interest
Dealing Commission and Charges
Online Execution Only Agency Commission - all UK Equities (except Government stocks) and CDI foreign companies
Commission from £6.50 per trade if dealt online.
Your commission rate will automatically be set according to trades you completed in the previous quarter as follows:
Number of Trades in Previous Quarter | Flat Rate Commission Per Trade |
20+ | £6.50 |
11 to 19 | £7.00 |
1 to 10 | £8.00 |
Quarters run from 1 Jan - 31 March, 1 April - 30 June, 1 July - 30 September and 1 October - 30 December.
Requiring just 20 trades a quarter to benefit from our lowest rate of £6.50 we hope you'll agree we continue to offer excellent value for money. Some of our competitors require more trades than that to benefit from their lowest commissions or can't match our lowest rate.
Telephone Execution Only Agency Commission - all UK Equities (except Government stocks)
- On the first £0 to £10,000 = 1.65%
- £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
Telephone Execution Only Agency Commission - UK Government stocks and Corporate Bonds
- On the first £0 to £10,000 = 1.65%
- £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 per item. (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 (Online to/from Advisory 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 stock 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).
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.
(Where applicable all charges inclusive of VAT)
Please Note: Hoodless Brennan Plc reserve the right to change these charges at any time without notice. SIPP Bargains cannot involve delivery or withdrawl of Share Certificates. (This where you request a certificate of a share be sent to you as they must be retained within the pension).
Property Charges
Property acquisition charges
Initial charge £450.00 payable on appointment of solicitor
Completion charge £200.00 payable on completion
Additional charge £115.00 where borrowing is required (at acquisition and/or post acquisition)
The initial charge is payable once a solicitor has been appointed to act for the scheme, and is not refundable in the event of the transaction failing to proceed to completion for whatever reason.
Property administration charges
Regular Charges:
Ongoing charge £140.00 per quarter
Ongoing charge for each additional member £10.00 per quarter
If VAT elected £20.00 per quarter
If rent is in arrears £50.00 per quarter
Activity Charges:
New lease or renewal of lease £250.00
Rent review – member £250.00
Rent review – non-member £450.00
Deed of Variation £450.00
Sale or transfer out £450.00
Development/refurbishment 0.5% of final contract price (minimum £810)
Additional services £90.00 per hour
Capita SIP Services reserves the right to charge for additional services outside its normal administrative activities on a time cost basis. You will be notified if this is likely to apply.
The fees and charges of solicitors, surveyors, and property managers, together with all disbursements relating to the purchase, sale, management of commercial property any loans in relation thereto will be borne by the Arrangement in addition to the above. Activity charges payable by the tenant are available on request.
Income Withdrawal Charges - USP and ASP
First income withdrawal £120.00 p.a. Includes regular payments by direct credit to your bank account
Additional tranches of fund brought into income withdrawal £55.00 p.a. per tranche (unless triennial review date coincides with an earlier tranche)
Ad-hoc income withdrawal £50.00 per payment
Risk Warnings
Click here to see full Risk Warnings.
Please read our Terms & Conditions for SIPPs.
RSS Data Feeds |
HB Corporate |
