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jakc

How to sell UK Shares?

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Born in UK, lived in Australia last 12 years - dual citizen.

In the UK, I own some shares in BP p.l.c

I have my original share certificate which was for 700 units.

With Dividend Reinvesting turned on, this has now accrued to 829 shares.

I have access to mybpshares, but this wont let you sell.
It mentions the below:

Quote

There is no direct facility to buy or sell shares using the bp Share Centre. Investors normally use a stockbroker, bank, building society or 'share shops' to buy or sell shares on the open market.


Any advice on how to sell BP shares from overseas?

I spotted this forum post:

Quote

the BP Registrar in the UK - absolutely REFUSE to help Australian shareholders

Any ideas?  Not likely to be heading back anytime soon and need to liquidate some money back home to lend to family fairly quick.

 

image.png

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2 hours ago, jakc said:

Born in UK, lived in Australia last 12 years - dual citizen.

In the UK, I own some shares in BP p.l.c

I have my original share certificate which was for 700 units.

With Dividend Reinvesting turned on, this has now accrued to 829 shares.

I have access to mybpshares, but this wont let you sell.
It mentions the below:


Any advice on how to sell BP shares from overseas?

I spotted this forum post:

Any ideas?  Not likely to be heading back anytime soon and need to liquidate some money back home to lend to family fairly quick.

 

image.png

They seem to have provided all the information needed for how to sell your shares - use a stockbroker, bank, building society or 'share shop'. They're even suggested how to go about finding a stockbroker. So what exactly are you asking? Are you claiming that there is no stockbroker, bank, building society or 'share shop' that is capable of verifying your ID without you flying to the UK? That seems unlikely when some of them operate exclusively via the internet.


Chartered Accountant (England & Wales); Registered Tax Agent & Fellow of The Tax Institute (Australia) www.kbfayers.com

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Any recommendations on someone to go with then?  A friend in the UK mentioned Hargreaves 

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I buy and sell UK shares through NABTrade and all the majors like commsec do to.

But you will need to transfer your shares to them as a sponsoring broker.

If you ring their help desk they could advise.


Buy a man eat fish. The Day, Teach Man, to lifetime.      - Joe Biden.

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