halifax.co.uk Reviews
Newest Review: ... linked account, and the funds are held as cash until you choose to invest them. You can choose to invest in three ways: buy instantly, which incurs the larger fee, schedule a one-off purchase using some or all of the money in your holding account, or set up a regular investment at the same time each month and forget about it. Dividends are paid back into the holding account linked to the Sharebuilder, and you can reinvest them or withdrew them into a bank account. The Sharebuilder is less suitable for people planning on active dealing as the low cost share purchase price only applies to planned purchases on one of four dates during each ... more
Customer halifax.co.uk Reviews (3)
by - written on 01/09/12 (Very useful, 65 readings)
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I originally chose Halifax Sharebuilder because of its low charges - £1.50 per purchase was exceptionally good. The Sharebuilder was easy to use and open, and I transfered shares from an existing account without any issues. In general the sharebuilder is designed for people looking to build up a portfolio over time but not to invest large amounts of money, or trade actively - an approach called Buy and Hold. The low charges and ability to schedule your investments and funding allow users to plan their investments carefully, and then set them up so that each month their account is debited and new shares purchased. You fund the Sharebuilder account ... Read the complete review
by - written on 25/12/08 (Useful, 182 readings)
Rating:
Share builder advertises commission of just £1.50, this is misleading as it costs £11.95 to sell and purchasing costs £1.50 plus VAT on the commission. The £1.50 rate is supposed only to apply to regular subscriptions but it is possible to council investments at any time so you can get the low rate on a single purchase. The web site is easy to use and there is a live help desk where you can ask any questions without queuing for too long and without running up a huge phone bill. Halifax achieves low buying costs by lumping transactions together e.g. if you ask to buy 100 LLOY shares today when the price is 124 you will get them at a preset time in the ... Read the complete review
halifax.co.uk: Money, Money, Money! (1262 words)by - written on 28/08/06, updated on 28/08/06 (Very useful, 2053 readings)
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The stock market has interested me for many years, but until recently, I was reluctant to get involved in share dealing for real, partly because of the costs involved but also because of the risks. However, a few months ago, I discovered Sharebuilder. Launched in 2003, Sharebuilder is a unique share dealing account, which is operated by Halifax PLC. As far as I know, it is the only one of its kind in the UK. Sharebuilder is great not only for newbies, like myself, but also for more experienced dealers who want to buy and sell shares on the UK stock market. It is important to note that you can only deal in the UK market, not the US or other world markets, but ... Read the complete review
