The Royal Bank of Scotland (RBS) have recently unveiled a range of home loans up to 80% of the property value for UK home owners.

This comes as a welcome relief to the secured loan market, which has seen a down turn in available loans in recent times, in part at a result for the decision by First Plus (the secured lending arm of Barclays) to withdraw from the market.

While RBS have not gone as far as offering the same 100% or 125% property value loans as Firstplus, their rates are some of the best available for both self employed and employed applicants.

Hopefully this will encourage the return of competative rates for secured loans and show the small niche lenders sitting on the side lines that it's time to release new product ranges