Our Advice+ channel is specifically designed to give commercial finance brokers access to regulated lending. Our unique product offering can help your clients unlock the equity they have built up in their homes, for personal or business use.
Updated November 2024
Advice+ is our dedicated platform for commercial finance brokers who do not have full mortgage permissions to refer clients for regulated first and second charge consumer mortgages. We handle the entire process—from affordability checks to compliance—ensuring clients receive the most suitable lending solution.
Your clients’ get expert advice from a dedicated advisor and you can earn up to 3% commission on completed referrals.
First to the UK market, a HELOC (Home Equity Line Of Credit) is a low interest credit facility secured against your client's property.
As it it is a line of credit, they will only ever pay interest on the funds they draw down and they will have the peace of mind that there is more should they need it.
With a Selina Homeowner Loan, your client gets one set amount, secured against their property.
It could be the most suitable option if they need the borrowing in one go.
We’re proud of our market leading SLA’s and the impact they have on your business and what they mean for your clients
Leon looks after all of our Advice+ referrals and is on hand to onboard, advise and answer any questions you may have.
Sign up as an Advice+ Broker to receive your product guide and complete due diligence.
Perfectly suited for borrowers who derive their income:
Advice+ is open to Commercial Finance Brokers and FCA-regulated firms with consumer credit broking permissions. Selina Finance’s CEMAP-qualified advisers guide clients through a regulated mortgage advice journey. This includes assessing affordability, conducting credit checks, providing regulatory documentation, and always following the principle of ensuring good customer outcomes are at the heart of our tailored advice process.
Once a broker refers a client, Selina’s advisory team takes over the full advice process, working directly with the client through to completion. The dedicated case manager also manages all document requirements, so brokers can simply refer and leave the rest to us.
Selina Finance is proud to offer the first Home Equity Line of Credit (HELOC) in the UK, providing your clients with a flexible and affordable way to fund significant purchases or projects.
A HELOC is a revolving line of credit secured against a client’s home, offering more funds than an unsecured loan.
It combines the flexibility of a credit card with the lower cost of a mortgage and sits alongside their existing mortgage, leaving their current rate and repayments unaffected.The HELOC term ranges from 5 to 30 years, with a 5-year flexible period during which your clients can draw down, repay, and redraw funds as often as needed—paying interest only on the outstanding balance.
Selina Finance Limited is authorised and regulated by the Financial Conduct Authority (FRN 820183).
A broker fee of up to 3% of the net credit limit is charged to the client, which can be either added to the loan balance or paid upfront. Once the loan completes, the fee is paid to the broker within 24 hours. Selina Finance arranges and collects the broker fee.
Selina Finance is one of the few lenders that considers both personal income and a profitable company’s cash position in its affordability assessment. This approach helps generate more accurate approvals and improves access to finance for clients.