Debt consolidation loans

Simplify your finances with one repayment plan

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Borrow £10k - £500k
Rates starting from 5.94%
Authorised and regulated by the FCA
Get a quote
This won't impact your credit score

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. Remember, if you consolidate your existing borrowing, you may be extending the term and increasing the amount you repay in total.

Discover Selina's debt consolidation loans

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

Quotes in minutes and funding shortly after approval

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

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What are debt consolidation loans?

Selina's debt consolidation loan is a secured loan (also known as a second charge mortgage) that lets you combine multiple high-interest debts into just one loan with a single, lower monthly payment — making it easier to stay on top of your finances.

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More money in your bank account each month
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Easier to stay on top of your finances
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You can apply today

Why choose a debt consolidation loan?

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Single payment, 

greater control

Simplify your finances with one manageable payment for transparency and ease in managing your debts.

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Lower monthly repayments

Use your property’s equity to access larger amounts at lower rates than credit cards or personal loans.

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Extended terms

Secure a loan for up to 30 years, reducing your monthly payments even further.

Great news, your loan has been approved
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Case study

Mr & Mrs Johnson reduced their monthly payments by 50%

Challenge

The Johnsons had £61,000 in debt spread across six payments and needed an additional £21,000 for a kitchen renovation. They didn’t want to remortgage or add another lender.

Solution

By consolidating their debts with an £83,000 secured loan from Selina, they reduced their monthly payments by 44%, from £1,353 to £758, spread over a 26-year term, which also included the funds for their kitchen upgrade.

*Representative example: A loan of £100,000 over 25 years results in 60 monthly payments of £653.61 at a fixed annual rate of 5.74% and 240 monthly payments of £696.86 at a reversion rate of 2.54% above the Bank of England Base Rate. The total cost over the full term is £206,462.71, including interest of £102,467.71, an arrangement fee of £3,000 and a product fee of £995 added to the balance. APRC: 6.81%.
Fast access to funds
Simplify your finances
You could be eligible for up to
£300,000
Get a quote
This won't impact your credit score
Estimated home value £450,000
Remaining mortgage amount £110,000

How much could I borrow ?

Selina offers debt consolidation loans from £10k to £500k, with rates starting from 5.74%

How Selina’s Debt Consolidation Loan compares against other financing options

Type of product
Type of product
Type of product
Type of product
Quick access to funds
Type of product
Amount borrowable
Type of product
Flexibility (access to funds)
Type of product
Pay interest only on what you use
Type of product
Early repayment charges
Type of product
Repayment term
Type of product
Interest rates
Type of product
Max LTV
Selina Debt Consolidation Loan
Type of product
Second charge mortgage
Quick access to funds
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48 hours
Amount borrowable
£10-£500k
Flexibility (access to funds)
Fixed lump sum upfront
Pay interest only on what you use
Cross icon
No
Early repayment charges
Warning icon
May apply
Repayment term
5-30 years
Interest rates
Fixed or variable rates
Max LTV
Up to 100%
Selina HELOC
Type of product
Line of credit (Second charge mortgage)
Quick access to funds
Tick icon
Draw as needed
Amount borrowable
£10k–£500k
Flexibility (access to funds)
Anytime, up to credit limit over 2-5 years
Pay interest only on what you use
Tick icon
Yes
Early repayment charges
Tick icon
None
Repayment term
5–30 yrs
Interest rates
Variable rates
Max LTV
Up to 85%
Remortgage
Type of product
First charge mortgage
Quick access to funds
Cross icon
Lengthy process
Amount borrowable
Up to 90% LTV
Flexibility (access to funds)
Fixed lump sum upfront
Pay interest only on what you use
Cross icon
No
Early repayment charges
Warning icon
May apply
Repayment term
5-40 years
Interest rates
Fixed or variable rates
Max LTV
Up to 90%
Personal loan
Type of product
Unsecured loan
Quick access to funds
Tick icon
Quick approval
Amount borrowable
Up to £50k
Flexibility (access to funds)
Fixed lump sum upfront
Pay interest only on what you use
Cross icon
No
Early repayment charges
Warning icon
Often applies
Repayment term
1-7 years
Interest rates
Fixed or variable rates
Max LTV
N/A
Credit card
Type of product
Revolving credit
Quick access to funds
Tick icon
Instant (if available)
Amount borrowable
Up to £25k
Flexibility (access to funds)
Up to credit limit monthly
Pay interest only on what you use
Tick icon
Yes
Early repayment charges
N/A
Repayment term
Indefinite
Interest rates
Often 0% intro then 20% +
Max LTV
N/A
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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 your funds shortly after approval.

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

Get a quote
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Get peace of mind with our personalised service

Whether you’re self-employed or have had issues with high-street banks, we offer a flexible and holistic approach to your financial situation. Our dedicated team will understand your specific needs and help you find the most cost-effective solution, whether it’s for school fees, home renovations, or consolidating debts.

Get a quote

Your questions, answered

Do you offer large debt consolidation loans?
What should I consider before taking out a debt consolidation loan?
Am I eligible for your debt consolidation loans?
What are the benefits of your debt consolidation loans?

More information

All about the Selina Homeowner Loan
Applying with Selina
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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