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.

Variable rates starting from 8.75% p.a.*
Fixed rates starting from 9.05% p.a.*
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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 300 monthly payments of £854.99 at a variable rate of 3.75% above the Bank of England Base Rate. The total cost over the full term is £256,817.00, including interest of £156,817.00, an arrangement fee of £3,000 and a product fee of £995 added to the balance. APRC: 9.67%.

A loan of £100,000 over 25 years results in 60 monthly payments of £876.29 at a fixed annual rate of 9.05% and 240 monthly payments of £857.62 at a reversion rate of 3.75% above the Bank of England Base Rate. The total cost over the full term is £258,636.20, including interest of £158,636.20, an arrangement fee of £3,000, a product fee of £995 added to the balance. APRC: 9.84%.

A Selina Homeowner Loan could be right for you

Unlock low rates for homeowners

Get your funds quickly

Make large purchases affordable

Borrow from £10,000 - £1 million

Flexible spending
Amount
Term
Interest paid
ERCs
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HELOC
Withdraw as and when needed for up to 5 years
£10,000 - £1million
5 - 30 years
Only on withdrawn funds
None
Selina Finance logo
Homeowner Loan
Get all your funds at once
£10,000 - £1million
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

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.