Lender Profile
Selina Finance Secured Loans
Competitive low-LTV homeowner loans from a London-based digital lender.
Starting rate
6.34% APR
Initial fixed period
Up to 60 months
Max LTV
87%
Loan range
£10,000–£500,000
About Selina Finance
Selina Finance is a digital-first UK secured loan lender founded in 2019, focused on the prime end of the homeowner loan market. Their Home Equity Loan products consistently price among the lowest fixed rates in the UK at low-to-mid LTV bands — currently 6.34% on a 5-year fix at 50% LTV.
Selina's positioning is rate-led: clean credit, residential property, sub-65% combined LTV. They lend up to £500,000 — one of the higher caps in the UK secured loan market — making them a frequent choice on larger consolidation, home improvement, and capital-raising cases.
Underwriting is technology-supported but human-reviewed, with most cases completing in 2–3 weeks. Their digital platform makes document submission and progress tracking faster than several legacy competitors.
Product range: Home Equity Loans on 2-year and 5-year fixed rates. Clean-credit pricing at 50%, 65%, and 75% LTV bands; minor adverse considered up to 87% LTV at higher rates.
Best for
- Clean-credit borrowers below 65% combined LTV chasing the best rate
- Larger loans up to £500,000 — capital raising, large debt consolidation, school fees
- 5-year fixes where rate stability matters
- Technology-comfortable borrowers who prefer digital document handling
Key facts
- Established
- 2019
- Parent Company
- Selina Advisors Ltd, FCA FRN 901336
- Min Loan
- £10,000
- Max Loan
- £500,000
- Max Term
- 30 years
- Max Ltv
- 87% (minor adverse) / 75% (clean credit)
- Fee
- £895–£1,495 arrangement fee, tiered by loan size
- Credit Tier
- Clean credit primarily; minor adverse considered
- Rate Structure
- 2-year and 5-year fixed, then variable revert
- Completion
- Typically 2–3 weeks; AVMs accepted on standard residential cases
Pros
- +Lowest 5-year fixed rate on our panel at low LTV
- +High maximum loan size — £500,000 across all clean-credit products
- +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
Selina Finance FAQs
Is Selina Finance a real lender or a broker?
Selina Finance is a direct lender. Selina Advisors Ltd is FCA-authorised under FRN 901336 to lend their own funds for second charge mortgages.
What's the minimum loan size at Selina Finance?
£10,000 is the minimum across all Selina Home Equity Loan products. There's no specific maximum below £500,000 subject to LTV and affordability.
Does Selina Finance accept self-employed applicants?
Yes. Selina assesses self-employed income via SA302s and tax year overviews, typically averaging the latest two years' net profit. Limited company directors are assessed on salary plus dividends.
Can I get a Selina secured loan with a CCJ?
Selina considers minor adverse credit, but they're not the strongest match for cases with recent CCJs or multiple defaults. For adverse credit, Pepper Money or Norton Finance typically offer more flexibility.
Apply for a Selina Finance secured loan
We'll match your case against Selina Finance's criteria first — and the rest of our panel — to find the cheapest fit.