FAQs

What are your fees?

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 purchasing wine for delivery we charge a margin of 7.5% on the price at which the wine is being offered for sale on the platform. By law Duty & VAT will be added to the purchase price if the delivery is out of bond. Delivery is free to any bonded warehouse in the UK on orders over £1500.00. Private delivery is at cost. 

Where is the wine stored?

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

How do I know the wine is what I have paid for?

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.

How well is it insured?

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.

How much does the storage and insurance cost?

We levy a charge of £18.00 per unit per year (case or bottle).

Does wine ever go down in value?

Yes: Like any investment the value of fine wine can go down as well as up.

What if your company goes bust?

Your money is not invested with Aston Lovell but in the wine itself so your investment is perfectly secure.

Is it really completely tax free?

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.

What is the minimum investment?

You can invest in wine for as little as £250.

How long do I have to hold onto the wine to make a decent profit?

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).

What happens when I want to sell my wine?

You press the SELL button and your wine is sold instantly.

How long has your company been operating?

Aston Lovell Ltd was incorporated in May 2006.