Newbie Buying Certificated Shares

Hi,
Apologies in advance for the newbie question.
I have a moderately large lump sum to invest. I've decided to buy shares
in FTSE 100 companies and hold them for the long term. I have pencilled
in the amounts I want to invest in each of my chosen companies.
I think I should hold the shares in certificated form so I don't have to
worry about on-going account charges, inactivity fees or stockbrokers
going bust, and also I'll be able to sell them where and when I want.
In view of the sums involved, it seems to make sense to pay flat rate
commission rather than a percentage. I have no problem waiting for a
bulk dealing day rather than buying immediately.
Can anyone recommend appropriate share dealers, either internet or
telephone based?
Many thanks,
Adrian
Reply to
anonymous
On Tue, 05 Jun 2012 13:07:12 +0100, anonymous wrote:
If you're mainly going to buy and hold, then the commission rates shouldn't really matter too much. I'm sure places like
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will give you plenty of leads. Being a very infrequent investor, I use Lloyds Bank internet service. They charge a flat rate of 27.50 ukp ( but there may be a size limit for this, don't know,) for certificated shaares. I'm sure you can do better, but it's a starting point.
Reply to
Tiddy Ogg
After fighting my way through Lloyds' bug-ridden system, I found their on-line dealing limit was too low.
The fool seem to be plugging their own share-dealing service, and a site search failed to turn up useful leads.
thisismoney pointed me to share.com for certificated dealing. I failed to find any evidence of a direct service on their site, but their charges page lists a £15 charge for transferring shares to certificates. I'm not sure I want the hassle of opening an account, buying shares, converting them to certificates then closing the account.
Adrian
Reply to
anonymous

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