We charge a commission for each deal, whether done online or over the phone.
|Deals type||Dealing commission|
|Online dealing commission||£11.00 per deal (for 1st 7 deals per quarter)|
|Frequent Trader rate*||£8.00 per deal (for 8+ deals per quarter)|
|Foreign currency conversion charge (international trades only)**||1% per deal|
|Regular investments (purchases only)||£1.50 per deal|
|Deal type||Dealing commission|
|Any||£35.00 per deal|
|Foreign currency conversion charge (international deals)**||1% per deal|
* Frequent trading
Our standard dealing commission rates will apply for the first 7 trades placed online across your Share Dealing Account or Share Dealing ISA, per calendar quarter (ending 31 March, 30 June, 30 September and 31 December). The Frequent Trader rate will apply to any additional deals you place in the same quarter. Standard rates will resume at the beginning of the next quarter. The Frequent Trader rate does not apply to trades placed in OEICs, Unit Trusts or certificated sales.
Foreign currency conversions are required to facilitate the settlement of international transactions. We adjust the exchange rate by 1.0% and keep the difference as our fee. The available exchange rate is based on the exchange rate provided by Digital Look. Indicative exchange rates are provided prior to trading, and the rate applicable to the individual trade is confirmed on the contract note once the deal has been completed.
|Deal type||Dealing commission|
|Online funds trade||£1.50 per deal|
|Telephone funds trade (sales only)||£35.00 per deal|
If you're looking to invest in a fund, please note the fund manager will charge an 'ongoing charges figure' from the fund (also referred to as the OCF). You can find the OCF within a fund’s 'Key Investor Information' Document' (KIID).
In relation to a number of the funds we offer, we have negotiated discounted initial charges, or an initial charge of 0%.
|Stamp duty reserve tax||Purchase of UK equities||0.5%|
|Purchase of Irish equities||1%|
|PTM levy||£1 charge on equity transactions over £10,000|
|Account type||Six-monthly account charge|
|Account type||Account charge|
|Share Dealing ISA||Current six monthly fee (pro-rated)|
There may be additional charges for dealing, stock transfers out and rematerialisation (the process by which electronic holdings can be converted into physical certificates) as set out elsewhere in this charges information.
|Dividend reinvestment||2% maximum £10.00 per deal, funds are capped at £1.50|
|Cheque withdrawal||£12.50 per withdrawal|
|Request for share certificate||£25.00 per stock|
|Transfer of shares to another provider||£25.00 per holding capped at £125.00|
|Ad hoc tax voucher||£12.50|
|Duplicate contract note (if 6 months after original)||FREE|
|Duplicate statement/valuation (per item)||£12.50|
|Debit interest||Lloyds Bank base rate +5%|
|Voiding of ISA||£12.50|
|Repair of ISA||£12.50|
|Probate valuations||No administration fee|
|Distribution of assets||No administration fee|
|Lodging a power of attorney||No administration fee|
Please note: All prices include VAT (currently 20%) where applicable.
Our Share Dealing service does not provide advice so if you are in any doubt about making your own investment decisions we recommend you seek advice from a suitably qualified financial adviser. Please remember the value of an investment and the income from it can go down as well as up and you may get back less than you originally invested.
The Lloyds Bank Direct Investments Service is operated by Halifax Share Dealing Limited. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Registered in England and Wales no. 3195646. Halifax Share Dealing Limited is authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.