The Cenoption is available on properties already owned or being purchased.

If you are concerned that the value of the property could fall in the future, the Cenoption allows you to mitigate this risk by giving you the contractual right to sell the property to Centrila, at any point from 3 to 10 years in the future, at today’s agreed valuation.

The Cenoption gives you the legal right to oblige Centrila to purchase the property from you, but does not grant Centrila the right to purchase the property from you should the value of the property increase.

The application process should take less than 3 weeks from start to finish, does not involve any upfront costs such as a valuation fee, and has been made as streamlined as possible to ensure the highest of service levels. You will only be asked for payment of fees upon requesting via us that the Cenoption contract be issued following your property being accepted for the Cenoption at a valuation you are happy with.

The Cenoption has been created to provide greater flexibility for property owners, and hence, you can assign an existing Cenoption and the benefits of the contract to any third party the property is sold to as long as you inform Centrila of this beforehand in writing.