Debt consolidation

Simplify your finances with one repayment plan

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Borrow £10k - £500k
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Rates starting from 7.59%
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No impact on your credit score
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Authorised and regulated by the FCA
Get a quote
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Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.

Remember, if you consolidate your existing borrowing, you may be extending the term and increasing the amount you repay in total.
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What is a debt consolidation loan?

Are you looking for financial relief and more money in your bank account each month? If you're a homeowner with equity in your property, a debt consolidation loan could be your solution.

By merging multiple high-interest debts into one secured loan (also known as a second charge mortgage), you can enjoy a single, lower monthly payment, freeing up your finances and offering more control over your budget.

Why choose a debt consolidation loan?

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Single payment, 

greater control

Simplify your finances with one manageable payment, giving you more transparency and ease in managing your debts.

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Lower monthly repayments

Use your property’s equity to access larger amounts at lower rates than credit cards or personal loans.

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Extended terms

Secure a loan for up to 30 years, reducing your monthly payments even further.

Great news, your loan has been approved
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Case study

Mr and Mrs Johnson

Challenge

The Johnsons had £61,000 in debt spread across six payments and needed an additional £21,000 for a kitchen renovation. They didn’t want to remortgage or add another lender.

Solution

By consolidating their debts with an £83,000 secured loan from Selina, they reduced their monthly payments by 50%—from £1,400 to £700—spread over a 26-year term, which also included the funds for their kitchen upgrade.

Discover your borrowing power

Get a quote in just a few minutes

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Borrow £10k - £500k
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No impact on your credit score
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Rates starting from 7.89%
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Authorised and regulated by the FCA
Get a quote
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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%.
Quick and easy application process
As a leading fintech company, we’ve streamlined the application process to save you time. We guide you through each step, from initial enquiry to funds in your account, without broker fees. We’re up to 66% quicker than similar lenders, so your funds will be with you faster than ever. The simple process will be explained to you at each stage.
Personalised advice and dedicated support
Our expert advisors will tailor a loan that meets your specific needs. We consider your current debts, repayment ability, and desired flexibility to recommend the most cost-effective solution. Once you’ve chosen the best option, a dedicated case manager will handle the rest, ensuring a smooth and hassle-free process.

Find the right product for you

Home equity line of credit

Draw and repay funds as you need over a five year period. No early repayment charges and credit limits up to £500k.
Best for:
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Home improvements
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School fees
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Outlays without fixed costs
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Homeowner loan

Receive a single lump sum from day one. Ideal if you need instant access to a fixed amount
Best for:
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Debt consolidation
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Vehicle purchase
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Outlays with fixed costs
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What people say about Selina Finance

Trustpilot
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How to apply

A simple, hassle-free process

1

Check your eligibility

Answer a few simple questions in just two minutes.

2

Get a personalised quote

Complete your full application in ten minutes. There’s no commitment, and getting a quote won’t affect your credit score.

3

Speak to an advisor

We’ll understand your situation and goals before recommending the right product.

4

Submit your documents

If you decide to proceed, provide the necessary documents, and you could receive the funds in as little as 48 hours.

Get your quote now – it only takes two minutes and won’t affect your credit score.

Get a quote

Your questions, answered

Get a quoteSee all FAQs

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments.

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Selina Finance Limited is a company registered in England and Wales (11497606)

Selina Finance Limited is authorised and regulated by the Financial Conduct Authority (FRN 820183). Our registered address is HYLO 103-105 Bunhill Row, London EC1Y 8LZ