Your first investment purchase with us (up to a value of £3,000.00) is free of any fees or margins, either on the buy or on the sell (a free purchase & sale). We sell you the wine at the Liv-ex market price on that day, as displayed on your fine wine platform.
On all purchases for investment thereafter we charge a margin of 15% on the price we purchased the wine for (in most instances less than market price) and you benefit from no fees or margins when we sell the wine for you (a free sale).
When utilising our Sell-Only service our fee is 10% of the sale value.
When purchasing wine for delivery we charge a margin of 10% on the price at which you purchase. Delivery is free to any bonded warehouse in the UK on orders over £1000.00. Private delivery is at cost.
Your stock will be stored at Liv-ex's storage facility at Tilbury, Vine International.
This service allows our investors to buy and sell their holding without any delays transporting stock from other warehouses.
Its innovative website provides access to stock records, movement details and photos, enabling customers to efficiently track orders online. Vine is also the only logistics provider that is fully integrated with Liv-ex, making trading on the exchange convenient and efficient.
Vine operates from two temperature controlled bonded warehouses in the heart of the international fine wine trade: in the UK at Tilbury Docks, Essex (20 minutes from London) and in Bordeaux, France
All wine is inspected before purchase. It is checked for fill levels, labels and condition of the original wooden case. Only wine that passes all the tests is purchased.
The insurance on your wine, under a policy issued by AON underwriters, covers the asset for full replacement and against all risks to the value at the time of any incident.
We levy a charge of £18.00 per unit per year (case or bottle).
Yes: Like any investment the value of fine wine can go down as well as up.
Your money is not invested with Aston Lovell but in the wine itself so your investment is perfectly secure.
Storing your wine in bond means there is not VAT or import duty to pay. If trading wine you will be liable for Capital Gains Tax. Inheritance Tax will be charged on the value of the cellar and not the purchase price of the wine. Please speak to your tax adviser before making any investment decisions.
You can invest in wine for as little as £250.
With the Aston Lovell Fine Wine Platform you may hold your wine for as long or short a period as you wish. Traditionally fine wine is a medium to long term market, but because you are buying and selling wine on the London International Vintners exchange, with live prices, you can uniquely take advantage of any short-term gains by simply pressing the SELL button.
However, we would recommend that you look at fine wine as a medium-long term investment (3-5 years and beyond).
You press the SELL button and your wine is sold instantly.
Aston Lovell Ltd was incorporated in May 2006.