TY - JOUR

T1 - Household Access to Mortgages in the UK

AU - Kara, Alper

AU - Molyneux, Philip

PY - 2017/12

Y1 - 2017/12

N2 - 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.

AB - 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.

KW - Mortgage

KW - Racial origin

KW - Propensity score matching

U2 - 10.1007/s10693-016-0246-1

DO - 10.1007/s10693-016-0246-1

M3 - Article

VL - 52

SP - 253

EP - 275

JO - Journal of Financial Services Research

JF - Journal of Financial Services Research

SN - 0920-8550

IS - 3

ER -