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UK banks Lloyds Banking Group PLC (LON:LLOY), Barclays PLC (LON:BARC), HSBC PLC (LON:HSBA), NatWest Group PLC (LON:NWG) and Santander today launched new mortgages under a government scheme where certain buyers only need a 5% deposit to buy a home. It comes on the same day that UK house prices were calculated to have surged 2.1% this month to a new all-time high of £327,797, according to Rightmove.
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