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 ...