The perfect loan for
a new boat
Borrow between £10k & £500k
In partnership with
Boatsmart
Selina Finance has partnered with Boatsmart to offer the finance needed to fund a new boat purchase.
Homeowners can access a flexible and affordable line of credit secured against their property to finance their dream boat.
The new way to finance
large purchases
First to the UK market, a HELOC (Home Equity Line of Credit) is a low interest credit facility, secured against your main residence.
As it’s a line of credit, you’ll only pay interest on the money you spend but you’ll have the peace of mind that there’s more to draw down should you need it.
Representative example: A HELOC of £100,000 drawn out in full over 25 years results in 300 monthly payments of £858.28 at a variable rate of 8.75%, set at 3.75% above the Bank of England Base Rate. The total cost over the full term is £257,484.00 which includes £157,484.00 of interest, a £3,000 arrangement fee and a £1,395 product fee added to the balance. APRC: 9.68%
Apply online,
get funded quickly
Check your eligibility in 2 minutes
Answer a few simple questions to quickly see if you're eligible for one of our loans.
Apply in less than 10 minutes
Apply online, one of our experts will help you during the process.
Get funded
If you're eligible we will help you get the funds easily and promptly.
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.
