Northern Rock has scrapped its Together home loan which was launched in 1999. The loan was the first of its kind and allowed homeowners to borrow up to 125% of the value of their property. It worked by securing a maximum of 95% on the value of the property and the other 30% on an unsecured loan which was payable at the same rate as the mortgage. Other big lenders have also recently moved away from offering 100% loans with only one in every ten lenders still offering the product.