ISA Transfer From Another Broker

I need to transfer my ISA to T212. Can anyone who has already done so, please let me have the following info.

  1. Is it faster if i cash in all my holdings and transfer the isa with only cash in it?
  2. How long does the transfer, cash or equities, take and whether i will be out of the market for that period?

I would be grateful if someone can give me some guidance on this issue.

Thanks in advance

Vkp

I transfer into 212 from Halifax Isa assets and cash took 3 to 4 weeks didn’t cash in, just transferred. I personal did not sell because of transaction cost. Assests transferred in first, follow by cash a couple of days later. All good, once transfer start to action i could not access my Halifax Isa

Hello, As a matter of interest, did the Halifax charge you to do this transfer?

No charge, no communication, requested transfer in 212, logged in Halifax about 10 days later, could access my account to view only account closed and about 5 days later tranfer completed :grinning:

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Yes this was my experience with transferring my Cash ISA to T212 as well, didn’t hear anything, getting slightly frustrated, but in less than a fortnight, the money was there!

Thanks for that info. Appreciated. It is difficult to get info from the Halifax. From what I read it implied that I would have to sell all stocks in ISA and just transfer the cash value.

Do 212 tend to do a promotion for ISA transfers around the new tax year? I’m looking to move everything from another provider at some point.

I’m in the same situation holding out to see if one opens up. I know they did last year but only if you opened an ISA within a specific time window and it was 1% of contributions in that year.

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@CashCow, @UKTechInvestor, thank you both for your interest. While we can’t share any updates on offering a similar promotion in the upcoming tax year, we’ll update you as soon as there’s any news.

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Is there any updated when partial in specie transfers will be available for everyone? i would like to transfer most of my ISA to T212 but only cash option is available.
Thank you.

Let me double-check if that option isn’t already enabled in your account. I’ve just sent you a DM :mailbox_with_mail:

Thank you for your help. I responded to the DM