What is a Selina Homeowner loan?

Selina Homeowner Loan

Get all your funds on day 1

Our homeowner loan gives you access to low rates based on the equity in your home.

It's a low interest second charge mortgage, more suitable if you need instant access to your money.

Fixed rates starting from 7.70% p.a.*
Variable rates starting from 8.75% p.a.*
Get a quote
Authorised and regulated by the FCA
Homeowner Loan balance
Reduces as you make monthly repayments

Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

*Representative examples: 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%.

A Homeowner Loan of £100,000 over 25 years results in 300 monthly payments of £854.99 at a variable rate of 8.75%, set at 3.50% above the Bank of England Base Rate. The total cost over the full term is £256,497.00, including interest of £156,497.00, an arrangement fee of £3,000 and product fee of £995 added to the balance. APRC: 9.63%.

A Selina Homeowner Loan could be right for you

Unlock low rates for homeowners

Get your funds quickly

Make large purchases affordable

Borrow from £10k - £250k

Flexible spending
Amount
Term
Interest paid
ERCs
Selina Finance logo
HELOC
Withdraw as and when needed for up to 5 years
£10k - £250k
5 - 30 years
Only on withdrawn funds
None
Selina Finance logo
Homeowner Loan
Get all your funds at once
£10k - £250k
5 - 30 years
On full amount
Depending*
Get all your funds at once
£1,000 - £25,000
1 - 5 years**
On full amount
Possible
Typical personal loan

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.

Apply online,
get funded quickly

1

Check your eligibilty in 2 minutes

Answer a few simple questions to quickly see if you're eligible for one of our loans.

2

Apply in less than 10 minutes

Apply online, one of our experts will help you during the process.

3

Get funded

If you're eligible we will help you get the funds easily and promptly.

Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

More than a loan

Home improvements, debt consolidation and so much more - the freedom to choose is yours.
Home improvements
Debt consolidation
Buy to let

What people say about
Selina

Your questions, answered

Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.