Can I put shares I already own into a Vantage Stocks & Shares ISA?
In order to transfer shares into an ISA they have to be sold and then bought back within the ISA wrapper. This is known as a Bed & ISA.
How much does a Bed & ISA cost?
Selling your shares and buying shares back
Sale: Free, for postal and online applications if you are investing the proceeds into the Vantage ISA or SIPP. We reserve the right to charge £5 commission on share sales of less than £500.
Buy Back: Postal applications, 1%, minimum £20, maximum £50 per deal plus 0.5% government stamp duty.
Online applications (per deal) plus 0.5% government stamp duty
| Share deals in previous month | 0-9 deals | 10-19 deals | 20+ deals |
|---|---|---|---|
| Online commission | £11.95 | £8.95 | £5.95 |
Normal telephone dealing rates will apply to both the sell and buy for Bed & ISAs carried out over the telephone.
Once in the Vantage Stocks & Shares ISA, the annual management charge to hold shares is just 0.5% (maximum £45).
You only need to give us one instruction and we will do everything for you. If you would like to use investments in your Vantage Fund and Share Account and you have online access, you can now Bed & ISA your investments online.
Alternatively, if you hold certificated shares, or would just prefer to apply by post, please complete and return the relevant Bed & ISA application form.