Selina offers secured lending products to consumers and businesses. Established in 2019, we offer regulated consumer lending products through a select panel of intermediaries.
Our products can also be found via the Twenty7tec sourcing system.
If you are interested in introducing clients to us, please contact our team.
*Representative example: A Homeowner Loan of £100,000 over 25 years results in 300 monthly payments of £795.09 at a variable rate of 7.89%, set at 3.14% above the Bank of England Base Rate. The total cost over the full term is £235,527.00, including interest of £138,527.00, an arrangement fee of £3,000 and product fee of £995 added to the balance. APRC: 8.68%.
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.