To take advantage of the service, simply call in and register. There is no fee for this. To comply with Anti Money Laundering reulations, we shall require two forms of identity (such as a recent utility bill or bank statement and a driving licence or a current Passport). In addition to enjoying an "execution only" facility, you will also receive the "Milton News", usually twice yearly, giving independent professional views on an array of national and international events and investment products and in-house facilities, too. Of course, registration places you under no obligation at all.
For registered clients, we can sell or buy UK shares instantly, provide contract notes within three working days and for sales, supply you with the proceeds in approximately ten working days. Sale proceeds can be paid to a nominated Bank or Building Society account, with prior written authority.
The Company's direct computer link to the Stock Exchange provides the fastest share price facility in the area and offers up-to-the-second prices for all UK securities.
We levy brokerage at 1.5% on the consideration - subject to a minimum charge of £22.50. However, charges on larger deals are usually negotiable. All purchases incur Stamp Duty at the rate of 0.5%. A nominal £1 fee is payable also to the register for the Panel of Takeovers and Mergers when trades exceed a value of £10,000. Our share dealing department checks all supporting documentation before we despatch it. We monitor receipt of new certificates issued following a share purchase and balance certificates after sales.
We are also happy to *refund all brokerage charges on sales providing the proceeds are reinvested within one of our independently Managed ISAs or Portfolios within an appropriate timescale. Full details are available on request.
Please feel free to contact the office for further information.
*Terms and conditions apply.
The Financial Conduct Authority does not regulate some areas mentioned on our web site including: Buy to Let Mortgages, Claims Management Activity, Taxation & Accountancy, Probate Administration and Will Writing.
Financial services complaints we cannot settle may be referred to the Financial Ombudsman Service; www.financial-ombudsman.org.uk 0800 023 4 567. Details of our complaints procedure are available via the documents tab above.
Risk Warning - Stockmarket investments can offer income through the payment of dividends and interest and good opportunities for capital appreciation over the longer term. By this, generally we mean periods in excess of five years, preferably much longer. However, we can never promise you particular returns, especially in the short-term. At any point in time but especially in the short term, your capital could be worth less than the original amount invested as some of the selected holdings may fall in value, regardless of expectations at the time of acquisition. We may also invest in funds that hold overseas securities. The value of these investments may increase or decrease as a result of changes in currency exchange rates. Returns achieved in the past cannot be relied upon to be repeated.
Philip J Milton & Company Plc is authorised and regulated by the Financial Conduct Authority.
Philip J Milton & Company Plc is entered on the FCA register (http://www.fca.org.uk/register) under reference: 181768.
# Registered Office: Choweree House, 21 Boutport Street, Barnstaple, Devon EX31 1RP
Registered and Incorporated in England number 3233275 | VAT number 682 2544 28
A list of the Directors is available from the registered office
Copyright © Philip J Milton & Company Plc - 2016