Selina Home Equity Line of Credit

Selina offers a regulated home equity line of credit in the UK, providing flexible access to home equity without the need for remortgaging.

Last checked on September 19, 2026. We may earn a commission when you click through.

✓ Flexible access to funds as needed ✓ Lower rates compared to personal loans ✓ Quick approval and funding process

Mortgage Selina Finance Reviewed

Selina Home Equity Line of Credit

Updated 27 days ago

APR Range

6.39–8.37%

Amount

£5k–£500k

Term

60–360 months

Type

home_equity

Check eligibility →

You'll be redirected to selinafinance.co.uk

Our Verdict

Selina's home equity line of credit offers competitive APRs ranging from 6.39% to 8.37%, making it for homeowners needing funds. However, the requirement for a credit check and affordability assessment may disqualify some applicants.

Best For

Homeowners with significant equity seeking flexible financing options without remortgaging.

Watch Out

The approval process includes a credit check and affordability assessment, which could limit access for those with lower credit scores.

Pros

Flexible access to funds as needed
Lower rates compared to personal loans
Quick approval and funding process
No early repayment fees

Cons

Requires a credit check and affordability assessment
Potentially high APR for lower credit scores
May affect future borrowing capabilities
Home is at risk if repayments are missed

Full Review

The Selina Home Equity Line of Credit offers a flexible way to access your home's equity, allowing amounts from £5,000 to £500,000 with terms up to 30 years. The APR ranges from 6.39% to 8.37%, which is more affordable than many personal loans and credit cards. Approval is typically quick, with funding shortly after approval, but be prepared for an affordability check and a property valuation, which can take time.

Borrowers should consider how this second charge mortgage might impact future borrowing. This product is those who have enough equity in their home (up to 85% LTV) and can manage repayments without jeopardising their financial stability. Your home could be at risk if repayments are not maintained, so careful budgeting is advised.

Who Is This For?

Homeowners with decent credit scores looking for flexible funding options without remortgaging.

What Borrowers Say

Customers appreciate the flexibility and quick approval process, but some express concerns over the stringent credit checks.

Summary

Selina Finance offers a home equity line of credit with amounts from £5,000 to £500,000, terms of 60 to 360 months, and an APR range of 6.39% to 8.37%.