Lender Comparison
Selina Finance vs Together Money
Selina and Together represent the two poles of the UK secured loan market — Selina the rate-leading clean prime specialist, Together the criteria-flexible broad-appetite lender. Borrowers compare these two when they're not sure whether their case fits a prime lender or needs a specialist.
At a glance
| Selina Finance | Together Money | |
|---|---|---|
| Min loan | £10,000 (homeowner loan) / £5,000 (HELOC) | £10,000 |
| Max loan | £500,000 | £500,000 (residential second charge) |
| Max term | 30 years | 30 years |
| Max LTV | 85% combined (across first charge plus any other secured borrowing) | 75% combined (most products) |
| Credit tier | Clean credit primarily; minor adverse considered | Clean to moderate adverse including discharged bankruptcy |
| Rate structure | Homeowner loan: 2yr/5yr fixed then variable revert. HELOC: variable. | 2-year and 5-year fixed, then variable revert |
| Arrangement fee | £895–£1,495 arrangement fee, tiered by loan size | £995–£1,995 arrangement fee, tiered |
| Completion | Typically 2–3 weeks; AVMs accepted on standard residential cases | Typically 3–4 weeks |
| Property eligibility | Minimum property value £100,000; owned for at least 6 months | Standard UK residential property. Non-standard construction and ex-local authority property considered. Combined LTV typically capped at 75%. |
Which should you pick?
Pick Selina if your case fits prime criteria
If you have clean credit, standard residential property, employed income, and a competitive LTV, Selina's 6.34% APRC on the 5-year fix is roughly 200 basis points cheaper than Together's 8.50% — material savings over a long-term loan.
Read full Selina Finance profile →Pick Together if your case has any complications
If you have adverse credit (including discharged bankruptcy), non-standard property, complex income, or a case that has been declined elsewhere, Together's flexibility is the deciding factor. The higher rate reflects the broader risk acceptance.
Read full Together Money profile →Pros and cons
Selina Finance
Pros
- • Lowest 5-year fixed rate on our panel at low LTV (6.34% at 50% LTV)
- • High maximum loan size — £500,000 across all clean-credit products
- • The UK's only mainstream HELOC product — interest only on what you draw
- • Digital application and document portal — faster than legacy competitors
- • AVM available on standard cases at sub-75% LTV
Cons
- • Best rates require sub-65% combined LTV — limited above 75%
- • Smaller loans (under £15,000) attract proportionally higher arrangement fees
- • Adverse credit appetite is narrower than specialists like Pepper or Together
- • Property must be worth at least £100,000 and owned at least 6 months
Together Money
Pros
- • Long market tenure — established 1974, deep operational experience
- • Broad criteria — accepts cases other specialists decline
- • Strong on non-standard property and unusual circumstances
- • Accepts discharged bankruptcy from typically 12+ months post-discharge
Cons
- • Headline rates not the lowest — Together prices for risk on broader criteria
- • Combined LTV cap of 75% on most products — limited at higher LTVs
- • Arrangement fees can be higher than streamlined competitors
Frequently asked questions
What's the difference between Selina Finance and Together?
Selina is a prime market clean credit specialist with rates from 6.34% APRC on a 5-year fix — best for straightforward cases. Together is a broad-appetite specialist accepting adverse credit (including discharged bankruptcy), non-standard property, and complex income — rates from 8.50% APR. Selina wins on rate; Together wins on criteria flexibility.
Is Selina much cheaper than Together?
Yes — for prime cases that both lenders would accept, Selina's pricing is typically 200 basis points or more below Together. The gap reflects the very different risk profiles: Selina lends only to the cleanest cases, Together accepts much broader criteria including adverse credit.
Should I pick Selina or Together for a secured loan?
Try Selina first — if your case fits their criteria, the rate savings are substantial. Move to Together if Selina declines or prices punitively, especially when the decline reason is adverse credit, non-standard property, or complex income that Together's underwriters will accept.
Get quotes from both lenders
Our advisers quote Selina Finance and Together Money side by side against your specific criteria — loan size, LTV, property type, credit profile.