Home improvements

Your dream home starts here

Fund your renovations without dipping into savings

Draw, repay and redraw funds as you need

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

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

Rated 4.8 on Trustpilot

Lower rates than personal loans & credit cards

An isometric illustration of a credit card

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

Only pay interest on what you use

Rates starting from 7.74%

No early repayment fees

Borrow £10k - £500k

Why choose a HELOC for funding home improvements?

A Home Equity Line of Credit (HELOC) is a secured loan that lets you unlock the value in your home to fund major improvements 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. This makes it ideal for renovation projects where costs can shift over time. 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. Whether you’re updating a kitchen, converting a loft or improving energy efficiency, a Selina HELOC gives you simple, flexible and affordable credit that works around your project and your budget.

Get a quote

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

Reduce project stress with the UK’s most flexible secured loan

Fund your renovation, your way

Access your credit limit in stages, ideal for phased projects like extensions, lofts, or kitchen upgrades.

Buffer for unexpected costs

Builders’ quotes can change, but with our HELOC, you stay cash-ready. Our HELOC gives you the flexibility to add a financial cushion for unforeseen expenses.

Stay in control of your cash flow

Projects often take longer than expected. Flexible drawdowns for up to 5 years lets you stay ahead, ensuring you are prepared for any delay.

Unlock energy efficient upgrades

Use your home’s equity to increase its future value with green investments such as better windows, boilers and solar installations without dipping into savings.

What our customers are using their HELOCs for

With a Selina HELOC, thousands of homeowners have unlocked the value in their property to fund essential and lifestyle-improving home projects all without changing their existing mortgage. Here are some of the most popular ways our customers are using their HELOC, in their own words.

Renovations that make a house a home

From new kitchens to full layout overhauls, many customers use their HELOC to renovate key living spaces. These projects often happen in phases and come with surprise costs, so having access to flexible funds makes the process far smoother.

We finally created an open-plan kitchen and dining space. It was something we’d wanted for years, and using the HELOC meant we didn’t have to remortgage or use up our savings.”

Sarah, Leeds

Home extensions that grow with you

Whether it’s a growing family or the need for a home office, extensions are one of the most value-adding upgrades a homeowner can make. A Selina HELOC allows customers to fund the build stage by stage, matching payments to the pace of the project.

The extension gave us an extra bedroom and a proper workspace. The Selina HELOC gave us the flexibility to manage the budget as the build progressed especially when costs went up.”

James & Priya, Birmingham

Energy efficiency that pays off

Making a home more energy efficient isn’t just good for the environment, it also reduces monthly bills and can boost your EPC rating. Our customers are using their HELOCs to install better insulation, upgrade windows and invest in energy-saving tech.

We replaced old windows, added underfloor insulation and improved ventilation. It’s warmer, quieter and cheaper to run now. The HELOC gave us the funds without needing to touch our savings.”

Louise, Nottingham

Roof repairs that couldn’t wait

A damaged or aging roof can’t be put off. But the cost of major roof work is often too high to cover comfortably from savings. Our HELOC gives customers fast access to funds, so they can act quickly and avoid bigger issues down the line.

We had storm damage and needed repairs fast. Insurance didn’t cover everything, and we didn’t want to delay. The HELOC gave us the funds in days and kept everything else untouched.”

Alex, Manchester

How Selina’s HELOC compares against other financing options

Explore how our HELOC compares to other options like homeowner loans, remortgages, personal loans, and credit cards and discover why it could be the most adaptable solution for your needs.

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

Type of product
Line of credit (second charge mortgage)

Quick access to funds

Lump sum upfront

Amount borrowable
£10-£500k

Flexibility (access to funds)
Anytime, up to credit limit over 2-5 years

Pay interest only on what you use

Yes

Early repayment charges

None

Repayment term
5-30 years

Interest rates
Variable rates

Max LTV
Up to 85%

Type of product

Second charge mortgage

Quick access to funds

Lump sum upfront

Amount borrowable

£10-£500k

Flexibility (access to funds)

Fixed lump sum upfront

Pay interest only on what you use

Early repayment charges

May apply

Repayment term

5-30 years

Interest rates

Fixed or variable rates

Max LTV

Up to 100%

Type of product

First charge mortgage

Quick access to funds

Lengthy process

Amount borrowable

Up to 90% LTV

Flexibility (access to funds)

Fixed lump sum upfront

Pay interest only on what you use

Early repayment charges

May apply

Repayment term

5-40 years

Interest rates

Fixed or variable rates

Max LTV

Up to 90%

Type of product

Unsecured loan

Quick access to funds

Quick approval

Amount borrowable

Up to £50k

Flexibility (access to funds)

Fixed lump sum upfront

Pay interest only on what you use

Early repayment charges

Often applies

Repayment term

1-7 years

Interest rates

Fixed or variable rates

Max LTV

N/A

Type of product

Revolving credit

Quick access to funds

Instant (if available)

Amount borrowable

Up to £25k

Flexibility (access to funds)

Up to credit limit monthly

Pay interest only on what you use

Yes

Early repayment charges

N/A

Repayment term

Indefinite

Interest rates

Often 0% intro then 20% +

Max LTV

N/A

An illustration demonstrating various use cases of the HELOC product

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.

Get a quote

*Representative example: A 5YR Flexible HELOC of £100,000 drawn out in full over 25 years results in 300 monthly payments of £779.69 at a variable rate of 7.49%, set at 3.49% above the Bank of England Base Rate. The total cost over the full term is £233,906.38 which includes £128,306.38 of interest, a £3,000 arrangement fee and a £2,600 product fee added to the balance. APRC: 8.42%

2-5 year flexible drawdown period

Only pay for what you use

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 big could my credit limit be with a HELOC?

Selina offers lines of credit from £10k to £500k, with rates starting from 7.49%

What people say about Selina Finance

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How to apply

A simple, hassle-free process

Check your eligibility

Answer a few simple questions in just two minutes.

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.

Speak to an advisor

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

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.

Get a quote

Your questions, answered

Get a quote See all FAQs

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

Home improvements

Your dream home starts here

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

More than £30m in equity unlocked with Selina

Rated 4.8 on Trustpilot

Lower rates than personal loans & credit cards

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

Why choose a HELOC for funding home improvements?

Reduce project stress with the UK’s most flexible secured loan

Fund your renovation, your way

Buffer for unexpected costs

Stay in control of your cash flow

Unlock energy efficient upgrades

What our customers are using their HELOCs for

Renovations that make a house a home

Home extensions that grow with you

Energy efficiency that pays off

Roof repairs that couldn’t wait

How Selina’s HELOC compares against other financing options

One facility, many possibilities

How big could my credit limit be with a HELOC?

What people say about Selina Finance

Related articles

Selina Finance launches a new, improved Home Equity Line of Credit (HELOC)

Top 5 ways to use a HELOC and when it’s a good idea

HELOC vs Equity Release: what’s the difference?

A simple, hassle-free process

Check your eligibility

Get a personalised quote

Speak to an advisor

Submit your documents

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

Your questions, answered