In many developed countries, house prices have been rising rapidly, mortgage debt has been increasing and affordability has worsened. It is in this context that the standard annuity mortgage is increasingly being supplanted by mortgages with non-standard features, such as longer terms or...

Kathleen Scanlon Research Fellow LSE London London School of Economics Christine Whitehead Professor of Housing Department of Economics London School of Economics Melissa Fernández Arrigoitia Research Officer LSE London London School of Economics Contributors The contributors are among the...