Selina Finance homeowner loans review

Get access to the equity you have in your home as a line of credit with Selina's Home FlexiLoan.

Your home may be repossessed if you do not keep up repayments on your mortgage or any other loan secured on it.
Name Product Maximum LTV Loan amounts Loan terms Overall cost for comparison Repayments
Selina Selina FlexiLoan
£25,000 to £1,000,000
5 to 25 years
4.1% APRC
(£83,917.23 overall)
Selina Selina FlexiLoan
£25,000 to £1,000,000
5 to 25 years
4.4% APRC
(£85,596.65 overall)
Selina Selina FlexiLoan
£25,000 to £1,000,000
5 to 25 years
5.2% APRC
(£90,748.53 overall)

Compare up to 4 providers

Overall representative example
If you borrowed £34,000 over a 15-year term at 8.26% p.a. (variable), you would make 180 monthly payments of £370.70 and pay £66,726.00 overall, which includes interest of £28,531.00, a broker fee of £3,400.00 and a lender fee of £795.00. The overall cost for comparison is 10.8% APRC representative.

What is Selina Finance?

Selina Finance is a UK lender offering a range of loan products including credit facilities for property investors and businesses, as well as line of credit homeowner loans for customers looking to access the equity they have in their homes.

Is Selina Finance safe?

Selina Finance is a registered UK company and authorised and regulated by the Financial Conduct Authority.

What types of loans does Selina Finance offer?

Selina Finance offers line of credit loans to businesses, property investors and homeowners. Through its Home FlexiLoan, customers can access the equity they own in their home as a flexible line of credit for 5 years. Instead of paying interest on the entire loan amount, borrowers are given a pre-approved credit limit, and only pay interest on the money that they use.

Key features of a Selina Finance Home FlexiLoan homeowner loan

  • Borrow from £25,000 to £1,000,000. With a Selina Home FlexiLoan, you can borrow up to 75% of the equity you have in your home.
  • Line of credit. Selina’s loans are offered as a line of credit for the first 5 years, meaning you only pay interest on the amount of equity you actually use.
  • Fixed and variable interest rates. Loans are offered with a representative APRC of 4.96%, with rates fixed for the first 5 years.
  • Early repayments. You can repay your loan at any time with no penalty or early repayment fees.
  • Secured loan Your loan is secured against the equity you own in your house, which means your house could be repossessed if you fail to make repayments.

Pros and cons of Selina Finance loans


  • Initial line of credit option can help prevent unnecessary interest payments.
  • Early repayment options.
  • Rates are fixed for 5 years.


  • You’ll need to have equity in your house that you’re willing to use as security.
  • Line of credit option may not suit everyone.

Am I eligible for a Selina Finance homeowner loan?

In order to be eligible for a Selina Home FlexiLoan, you’ll need to meet the following criteria:

  • Be at least 21 years old
  • Be a UK resident
  • Have a good credit score
  • Have equity in a residential property with a minimum value of £50,000

If you have an outstanding mortgage, it, in combination with your loan amount, cannot exceed more than 75% of your property’s value.

How can I apply?

You can apply for a Selina Finance Home FlexiLoan via its website. You’ll first need to apply for a personalised quote, which will only take 3 minutes and won’t affect your credit score. As part of your application, you’ll need to provide personal information and details of your property.

Frequently asked questions

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