Household access to mortgages in the UK

Kara, Alper; Molyneux, Philip

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Household access to mortgages in the UK

journal contribution

posted on 2016-06-16, 14:36 authored by Alper Kara, Philip Molyneux

We employ the propensity score matching approach to investigate household access to mortgages in the UK using information on 29,732 households between 2003 and 2010. We find that, on average, the probability of obtaining a mortgage is similar for White and Non-White households. However, we find that Black households with low incomes are less likely to have mortgages compared to White households with similar characteristics. Asian households, in contrast, do not seem to have a lower probability of having a mortgage.

History

School

Business and Economics

Department

Business

Published in

Journal of Financial Services Research

Pages

1 - 23

Citation

KARA, A. and MOLYNEUX, P., 2017. Household access to mortgages in the UK. Journal of Financial Services Research, 52(3), pp.253-275.

Publisher

Springer © The Authors

Version

VoR (Version of Record)

Publisher statement

This work is made available according to the conditions of the Creative Commons Attribution 4.0 International (CC BY 4.0) licence. Full details of this licence are available at: http://creativecommons.org/licenses/ by/4.0/

Publication date

2017

Notes

This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.