Certificated Account Rates and Charges
Range of Accounts | Account Overview | Account Details | Rates & Charges | Open an Account
 

Commission Charges
Commission is charged per deal. Other charges and service restrictions may apply.

  Telephone & Postal Commission
  Value of bargain Commission
  up to £1000 £25
  £1,001 - £2,500

£40
  £2,501 - £5000 £50
  £5001  - £7500 £60
  £7501  - £10,000 £65
  £10,001 - £15,000 £75
  £15,001 - £20,000 £85
  £20,001 + £85

Additional Government dealing charges

Stamp duty or stamp duty reserve tax (SDRT) on UK equity purchases is payable at the prevailing rate at the time of dealing. The current rates are:
0.5% SDRT on all UK equity purchases settled through CREST, rounded up to the nearest 1p
0.5% stamp duty on all UK equity purchases not settled through CREST, rounded up to the nearest £5 Stamp duty on Irish registered stock is currently charged at 1%
The Panel of Takeovers and Mergers currently levy £1 on all UK equity transactions of £10,000 and over.

Administration Charges
There are no administration fees for this account.

Other Charges

  Late Settlement
  Returned cheques/Returned direct debits/Company Registrars' Rejections £15
  Referral to Debt Recovery Department £25 (additional 8% if referred to an outside agency, minimum £15) + VAT
  General Administration
  Duplicate contract note Free, if requested within 6 months since deal
£10 + VAT, if requested more than 6 months since deal
  Copy of tape recording/telephone £20 + VAT
conversation transcript in case of
complaint (if Saga Share Direct
is not at fault)

Commission is shared between Saga Share Direct and Barclays Stockbrokers. Barclays Stockbrokers receive £11.40 for each telephone deal placed and £13.00 for each postal deal. Saga Share Direct retain the balance. Further details are available on request by contacting our Client Service Team on 0845 900 3002.*

*Calls to 0845 numbers from a BT residential line will cost no more than 4p per minute, plus 9.9p call set-up fee (correct as at April 2010). The price on non-BT phones may be different; please check with your service provider. You can only use these numbers if you are calling from the UK; if calling from outside the UK, please call +44 141 352 3998. Calls may be recorded to monitor the quality of our service, to check instructions and for security purposes.