How effective are Bank's Housing Finance strategies in getting people housed?

Comparison of selected banks in UK, USA, and India.

By

ACKNOWLEDGEMENT

I would take this opportunity to thank my research supervisor, family and friends for their support and guidance without which this research would not have been possible.

DECLARATION

I, [type your full first names and surname here], declare that the contents of this dissertation/thesis represent my own unaided work, and that the dissertation/thesis has not previously been submitted for academic examination towards any qualification. Furthermore, it represents my own opinions and not necessarily those of the University.

Signed __________________ Date _________________

ABSTRACT

It is the obligation of every country to identify the needs of the population in housing and the design of the necessary legislative and fiscal measures in each case to ensure this right to each of its citizens in United Kingdom. For the proper design of these measures, an analysis of reality is required. The regular collection of information and further analysis will provide the guidelines necessary to develop an accurate portrayal of weaknesses and priorities in each area. The research also presents possible explanations for the recent risen in house financing and the strategies use by banks. The researcher starts from how individual household decide its homeownership to analyzing cost structure of homeowners. Home finance loans in India are classified into two types: secured and unsecured, step by step, in the form of loans with or without exercise by centralizing its guarantees accordingly.

The research focuses on the recent changes (rising) in the House financing in several dimensions in UK, US and India. Since the government began to adopt policies to promote homeownership during the Great Depression, homeownership in US has been increased. In fact, the rate increased steadily until reaching 64% in 1965. For the next 30 years, the rate was stable around 65% level even with various policies at all levels of government tried to encourage house financing by Banks. The housing stock in UK amounted to a total of 486 dwellings per 1,000 populations (2.1 persons per household). This is the second country among all which has been analyzed with a larger housing stock and with 27 dwellings per 1,000 people above the European average. United States has a relatively high rate of homeownership rate. By comparing with data, our simulated model can match quantitatively the hump shape of homeownership and increasing stock holding shares for owners and renters over the life cycle.

TABLE OF CONTENTS

ACKNOWLEDGEMENTII

DECLARATIONIII

ABSTRACTIV

CHAPTER 1: INTRODUCTION1

Background of the Study1

Problem Statement2

Rationale of the Study2

Purpose of the Study3

Aims and Objectives3

Research Questions3

Ethical Concerns4

Outline of the study4

CHAPTER 2 A: ORGANIZATIONAL PROFILE6

Royal Bank of Scotland6

Revenue Analysis7

SWOT Analysis7

Bank of America8

Overview8

SWOT Analysis9

State Bank of India9

Overview9

SWOT Analysis10

CHAPTER 2 B: LITERATURE REVIEW12

Bank's Housing Finance12

Banks financing and Securities13

Benefits of Banks housing Financing13

Development of Housing Policies In UK and India14

Housing Finance Strategies15

Consumer Protection15

Implications of Housing Finance Strategies17

CHAPTER 3: METHODOLOGY19

Research Design19

Literature Search19

Keywords20

Definition of Qualitative Research20

Confidentiality20

Validity21

REFERENCES22

CHAPTER 1: INTRODUCTION

Background of the Study

The right to housing and the recognition of this concept as the basic necessity was researched and compiled for the first time in ...