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Selina Finance launches ‘flex-affordability’ credit facility for BTL investors

Selina Finance has introduced a new property investment credit facility aimed at experienced property investors and landlords. 

The digital secured lender has heralded a new era of flexibility and affordability for property investors and portfolio landlords by launching what it has branded a ‘flex-affordable’ credit facility, with rates starting from 5.75% with loan terms up to three years. 

The facility is aimed at experienced property investors and landlords with at least three units in their portfolios. The minimum loan amount is £25,000 and maximum loan amount £400,000.


The credit facility acts like a bridging loan and provides borrowers with a simple and low-cost way to access funds whenever needed, whether as a short-term finance option for buying a property before longer term funding comes through, to finance the deposit of a new unit or refurbish an existing one. 

Selina Finance is targeting turnaround times on its new credit facility of five working days.

Selina Finance’s property investment credit facility, which extends up to 70% loan-to-value, is available to both individuals and limited companies. 

There is a 1% arrangement fee on the total facility agreed and no early repayment fees. Broker commissions are 2% of the total credit facility provided. 

Michael Biemann, managing director at Selina Finance, said: “This new credit facility combines affordability and flexibility and acts like a hunting licence for savvy property investors and landlords. 

“We have spent much of 2019 speaking to our borrowers on what the market needed and the ‘flex-affordable’ credit line we have created will hopefully go a long way to answer that. 

“In recent months, activity among private landlords has really started to pick up after a tough four years and so the launch of our new product could prove to be very timely. “As ever, the full loan application process can be carried out online, which makes for a faster and more seamless application experience for brokers and clients alike.”

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