Standard Single Premium (only available as a Single Premium)

This is the cheapest Cenoption plan available, however as the premium is all paid upfront you do not have the flexibility of having a return of any of the premium should you decide in the future that you do not need to use the Cenoption.

Nevertheless it still represents excellent value for the benefits it provides.

Fee – 2.8% of the Cenoption value + £400 application fee

Standard Stage Premium (only available in Stage Payments)

This is very similar to the Single Premium Cenoption, but it costs slightly more as it allows you to spread the cost of the product over 3 instalments, with you being able

to choose whether to make either the second or third payments depending on your personal circumstances and the state of the property market in the future. There is however no ability to opt for a refund of any premiums paid to date at any point.

Fee – 3.1% of the Cenoption value + £400 application fee