The new way to finance large purchases
Our loans are designed specifically for homeowners like you. Use the equity you've built up in your property to unlock high amounts at low rates.
Get unrivalled flexibility with a HELOC (Home Equity Line of Credit) or a fixed amount on day one with a Homeowner Loan.
* Representative example: A loan of £100,000 over 25 years results in 60 monthly payments of £782.09 at a fixed annual rate of 7.70% and 240 monthly payments of £845.06 at a reversion rate of 3.50% above the Bank of England Base Rate. The total cost over the full term is £249,739.80, including interest of £149,739.80, an arrangement fee of £3,000 and a product fee of £995 added to the balance. APRC: 9.08%.
The most flexible option
First to the UK market, a HELOC (Home Equity Line Of Credit) is a low interest credit facility secured against your property.
As it is a line of credit, you'll only ever pay interest on the funds you draw down and you'll have the peace of mind that there is more should you need it.
Selina Homeowner Loan
Get all your funds on day one
With a Selina Homeowner Loan, you get one set amount, secured against your property.
It could be the most suitable option if you need the borrowing in one go.
Used responsibly, a Selina HELOC and a Selina Homeowner Loan can provide you with valuable advantages. However, as they are mortgages, you should consider the possible impact on your ability to secure additional borrowing against your home.
*ERCs can apply depending on the Homeowner Loan product that you get.
**Whilst from our research personal loans are generally offered over 1-5 years, some lenders do offer longer terms.