Household Access to Mortgages in the UK

Alper Kara () and Philip Molyneux ()
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Alper Kara: Loughborough University

Journal of Financial Services Research, 2017, vol. 52, issue 3, No 4, 253-275

Abstract: Abstract 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.

Keywords: Mortgage; Racial origin; Propensity score matching (search for similar items in EconPapers)
JEL-codes: D14 G21 J15 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (5)

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DOI: 10.1007/s10693-016-0246-1

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