Are you wine prices competitive?
We always aim to get our members the lowest price in the fine wine market.
Are my wines insured?
Yes all your wines are fully insured.
How does your management fee compare to the market?
Fine Wine Direct charges a 0% management fee. Generally wine investment companies will charge a 15% management fee. In some cases there will be an additional fee e.g. 10% to sell your wines and they may take a % of the profits.
Where are my wines stored?
All fine wines are stored safely at Vine International part of London City Bond.
How much does storage and insurance cost?
Our storage fees are £15+VAT per case per year
How much do you charge for selling my wine?
10% of the sales value
What is the minimum level of investment?
You can invest from as little as £500, although our recommendation would be £10,000 if you want to make a significant return on your investment.
What is the recommended investment time frame?
We would recommend a term of 5 years at the very least.
I own wines with another merchant; can I transfer them to you?
Yes that is not a problem. There is a very small charge per case for doing this. You must however check with the merchant who holds your wines currently as they may have a charge for this as well.
Are there any tax benefits?
Wine investment is free from Capital Gains Tax as it is deemed a wasting asset. Inheritance tax will be subject to tax on the value of the wine not the purchase price. We highly recommend you seek advice from a tax expert before investing.
Do you sell Bordeaux En Primeur?
Yes, every year we will be offering Bordeaux en primeur. We have excellent relationships in Bordeaux and can secure any wine at the best market price.
Does wine go down in value?
Like any investment the value of wine can go down as well as up.
Can I release some of my portfolio to drink?
Yes you can, simply pay the VAT, duty and delivery.
What happens if Fine Wine Direct shuts down?
All your money is invested in the fine wine, not Fine Wine Direct Limited so your investment is perfectly safe and secure.
If you have any further questions please call +44 (0)20 8065 0000 or email firstname.lastname@example.org