Product | Gross Fee paid by lender | Net fee paid to regulated broker | Net Fee paid to non-regulated & client referral service |
---|---|---|---|
Business Credit Facility | 3.50% | 1.50% | 0.75% |
Property Investor Credit Facility | 2.00% | 1.00% | 0.50% |
Selina Finance is a UK-based Financial Technology (FinTech) business, launched in early 2019, and supported by a multi-million pound investment from venture capitalists having previously invested in successful tech businesses such as Facebook, LinkedIn and Groupon
They offer accessible, low-interest and no-nonsense loans secured against the value of your residential property.
Currently they offer two loan products for business use:
Selina Business Loan
Selina Property Investor Credit Facility
Designed for property investors Tailored specifically for property investors with at least 3 buy to lets within their portfolio
Interest only payments Make interest only payments on the amount outstanding, with rates starting from 0.49% per month
Secured against buy-to-let properties Secure our credit facility against one or more buy-to-let properties within your portfolio
3 year revolving credit facility Secured facility of £25,000 to £750,000
No early repayment or valuation fees
Our phone lines will be closed on Thursday 1st May until 10.30am for staff training.