Home equity line of credit

Achieve your goals with a flexible line of credit

Draw, repay and redraw funds as you need
Lower rates than personal loans & credit cards
Quick approval & no early repayment fees
Check your eligibility in minutes. Get funded in as little as 48 hours.
Get a quote
This won't impact your credit score
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Used responsibly, a HELOC can provide valuable benefits. However, as it is a second charge mortgage (also known as a secured loan), consider how it might affect your ability to secure additional borrowing in the future. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

Discover the Selina HELOC, the UK’s most flexible loan

More than £30m in equity unlocked with Selina

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Rated 4.8 on Trustpilot

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Lower rates than personal loans & credit cards

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FCA regulated and backed by leading financial partners

Under 48 hours from application to offer in most cases

Join more than 4,000 UK homeowners who have unlocked their home’s value with Selina

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An illustration representing the concept of a HELOC

What is a HELOC?

A Home Equity Line of Credit (HELOC) is a secured loan that allows you to borrow flexibly for major expenses without changing your existing mortgage.

You receive a credit limit and can draw funds as needed, repay, and reuse the available balance for up to five years. You only pay interest on what you use, and you’ll need to make monthly repayments. There are no ongoing fees, no need to remortgage, and no unexpected costs.

It is simple, affordable credit when you need it most.

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How the Selina HELOC works

Set your borrowing limit upfront
Decide how much credit you want access to, based on your needs. Whether you’re planning a renovation, consolidating debt, or covering school fees, you’ll have the flexibility to borrow when you need to and peace of mind when you don’t.
Choose your draw period
Select from 2-5 years of complete access to your funds. Borrow, repay, and borrow again, as often as you like, up to your agreed limit. You only pay interest on what you use, and you’ll need to make monthly repayments.
You’re in control
Use your credit how and when you need to during the flexible period, not just for your initial plans. Repay early with no fees and reuse your limit as needed. Then spread the cost over 5 to 30 years with a term that suits you.
Easy payments when your draw period ends
At the end of your flexible period, your outstanding balance automatically turns into fixed monthly repayments. No need to refinance or reapply. Your payments are based only on what you’ve used, making it easy to budget and plan ahead.
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One facility, many possibilities

Your life isn’t one-size-fits-all,your borrowing shouldn’t be either. Renovate now, pay school fees later, support your business in between. A Selina HELOC adapts as your needs do, without the hassle of reapplying every time.

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Discover your borrowing power

Get a quote in just a few minutes

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Borrow £10k - £500k
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No impact on your credit score
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Rates starting at 7.74%*
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Authorised and regulated by the FCA
Get a quote
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*Representative example: A HELOC of £100,000 drawn out in full over 25 years results in 300 monthly payments of £787.84 at a variable rate of 7.74%, set at 3.49% above the Bank of England Base Rate. The total cost over the full term is £236,352.06 which includes £131,957.06of interest, a £3,000 arrangement fee and a £1,395 product fee added to the balance. APRC: 8.56%

Versatile loan uses

Debt consolidation

Combine your debts into one manageable loan.
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Home improvements

Fund your renovation projects with ease
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Buy-to-let mortgage

Expand your property portfolio with competitive rates.
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How to apply

A simple, hassle-free process

1

Check your eligibility

Answer a few simple questions in just two minutes.

2

Get a personalised quote

Complete your full application in ten minutes. There’s no commitment, and getting a quote won’t affect your credit score.

3

Speak to an advisor

We’ll understand your situation and goals before recommending the right product.

4

Submit your documents

If you decide to proceed, provide the necessary documents, and you could receive the funds in as little as 48 hours.

Get your quote now – it only takes two minutes and won’t affect your credit score.

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Your questions, answered

All about the Selina HELOC
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Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments.

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Selina Finance Limited is a company registered in England and Wales (11497606)

Selina Finance Limited is authorised and regulated by the Financial Conduct Authority (FRN 820183). Our registered address is HYLO 103-105 Bunhill Row, London EC1Y 8LZ