Impacts of Purchasing Power towards Mortgage Loans

By

TABLE OF CONTENTS

CHAPTER 01: INTRODUCTION1

Working Title1

Purpose of the study1

Research Questions1

Aims and Objectives2

CHAPTER 02: LITERATURE REVIEW3

Scope of the Study3

Mortgage Loans3

Problems in Mortgage Loans6

Purchasing Power and Mortgage Loans7

CHAPTER 03: RESEARCH METHODOLOGY11

Research Method11

Sampling Strategy11

Population12

Sample12

Validity12

Ethical Considerations13

Informed Consent13

Confidentiality14

Qualitative Data Analysis14

REFERENCES15

CHAPTER 01: INTRODUCTION

Working Title

This paper will be focused over studying the concepts of Mortgage loans and purchasing power impacts over these loans, keeping the focus over banking sector of United Kingdom. The paper will be studying the variables that are linked with the purchasing power and mortgage loans, which will be including the purchasing power and mortgage rates of consumers.

Purpose of the study

The main purposes behind this study are as follows:

Evaluation of the mortage loans concepts

Investigations of the mortgage loans, taking into consideration the banking industry of United Kingdom

Assessment of the impact that purchasing power of the consumers could have over the mortgage loans.

This research study would be of great importance because it highlights the impact that purchasing power has on mortgage loans. This study will be of help in order to assess the relation that prevails between the purchasing power and mortgage loans.

Research Questions

The study will answer the following research questions:

What is the concept of mortgage loans?

What is the importance of mortgage loans?

What is the impact of purchasing power on the mortgage loans?

Aims and Objectives

The aim of this research is assess the impact that purchasing power has on the In the light of this aim, the author will accomplish the following objectives:

To investigate the basic concept of mortgage loans

To research the importance of mortgage loans

To evaluate the relationship that exists between the purchasing power and the mortgage loans

To assess the impact that purchasing power has on the mortgage loans in reference to the UK banking industry.

CHAPTER 02: LITERATURE REVIEW

Scope of the Study

This study will include the strategies of lending financial institutions and the relationship with the purchasing power of the consumers. This study will also be helpful to assess the purchasing power has on the interest rates.

Mortgage Loans

A mortgage loan is offered to the customer by the bank. This loan can be for anything, in return the customer has to submit certain collateral in order to ensure that the in case the loan is not repaid; the bank is liable to take over that collateral. Mortgage loan uses secondary market to sell their loans. The revenue generated by the mortgage banks is the fees or interest on the loan and loan service fees which is provided to the loan receiver. However, this mortgage loans has been very popular in every county especially in United States. Due to these Banking Mortgage and Car loans, economy of the entire world broke down. There are varieties of risk associated to the banking mortgage and car loans and to the people who are borrowing along with the country (Kreps and Wilson, 2001, pp.253).

In order words, the mortgage is a real right of security and realization of value, which is to ensure the fulfilment of an obligation ...