Mortgages in Finland 2007 (Market Guide)

Table of Contents

• Overview
  • Catalyst
  • Summary
• Executive Summary
  • Market size
  • Forecasts
  • Key issues
  • Key market players
• Table of Contents
• Table of figures
• Table of tables
• Market Context
  • Country overview
    • Demographics data on a selection of major western European countries
      • Population
      • Economy
    • Housing market
      • Housing stock
      • House prices
  • Government housing intervention
    • Taxes, subsidies and housing schemes
  • Market data
    • Mortgage interest rates
    • Market size
      • Balances outstanding
      • Gross advances
    • Product lines
  • Market structure
    • The banking structure
      • Commercial banks (joint stock banks)
      • Foreign banks
      • Savings banks
      • Co-operative banks
    • Mortgage market structure
      • Major types of player
      • Funding
      • Distribution
  • Regulatory environment
    • Industry regulators
      • Suomen Pankki
      • Rahoitustarkastus
    • Industry associations
      • Suomen Pankkihdyistys
      • Housing Fund of Finland (ARA)
      • Suomen Kuluttajallitto
    • Credit bureaus
    • Regulatory issues and developments in the mortgage market
      • The birth of an integrated European mortgage market is still very far off
      • Basel II will mean a number of changes for lenders
      • National mortgage-related regulations
  • Key issues
• Competitor and Product Overview
  • Top five mortgage lenders
    • Market share by balances outstanding
  • Product analysis
• Market Forecasts
  • Forecasting gross advances
    • Datamonitor forecasts a slowdown for the Finnish mortgage market
  • Future prospects
    • Market attractiveness
    • Market inhibitors
• APPENDIX
  • Tables relating to Chapter 2: Market Context
  • Definitions
    • Balances outstanding
    • CAGR
    • Fixed rate mortgage
    • Gross advances
    • Loan-to-value (LTV)
    • Mortgage intermediary
    • Remortgaging
    • Variable mortgage
  • Forecasting methodology
  • Research methodology
  • Further reading
    • European Mortgages
  • Ask the analyst
  • Datamonitor consulting
  • Disclaimer
  • List of Tables
    • Table 1: Forecast of residential mortgage gross advances in the Finnish market , 2005-11f, (€m)
    • Table 2: Total population across major western European countries, 2002-06
    • Table 3: GDP at current rates across major western European countries, 2002-06, (€bn)
    • Table 4: GDP per capita at current rates across major western European countries, 2002-06, (€)
    • Table 5: GDP growth rates across major western European countries, 2002-06, (%)
    • Table 6: GDP composition by sector across major western European countries, 2006, (%)
    • Table 7: Inflation across major European countries, 2002-06, (%)
    • Table 8: Unemployment rates across major western European countries, 2002-06, (%)
    • Table 9: Residential mortgage balances outstanding as a percentage of GDP of selected European countries, 2006
    • Table 10: Market share of top five competitors in Finland in terms of balances outstanding, 2005-06, (€m)
    • Table 11: Forecast of residential mortgage gross advances in the Finnish market , 2005-11f
    • Table 12: Total dwelling stock in Finland, 2002-06, (000s)
    • Table 13: Average house price growth in Finland, 2002-06
    • Table 14: Typical mortgage interest rates in the Finnish residential market and the ECB base rate, Q3 2004-Q4 2006, (%)
    • Table 15: Residential mortgage balances outstanding in Finland, 2002-06, (€m)
    • Table 16: Residential mortgage gross advances in Finland, 2002-06, (€m)
    • Table 17: Residential mortgage net lending in Finland, 2002-06, (€m)
  • List of Figures
    • Figure 1: Mortgage gross advances have been growing rapidly in Finland, 2002-06
    • Figure 2: OP Bank has the largest market share of the residential mortgage market in Finland, 2005-06
    • Figure 3: A snapshot of Finland' s key statistics, 2006
    • Figure 4: The dwelling stock in Finland reached 2.7 million in 2006
    • Figure 5: Around 58% of dwellings were owner-occupied in Finland in 2006
    • Figure 6: Average annual house price growth in Finland stood at 7.5% in 2006, 2002-06
    • Figure 7: Typical mortgage rates have been increasing in Finland, Q3 2004-Q4 2006
    • Figure 8: Total mortgage balances outstanding reached €54.9 billion at year-end 2006, 2002-06
    • Figure 9: Net lending fell to €6.8 billion in 2006, 2002-06
    • Figure 10: Mortgage gross advances have been growing rapidly in Finland, 2002-06
    • Figure 11: The four pillars of Finnish Banking, 2007
    • Figure 12: Regulatory overview of Finland, 2007
    • Figure 13: OP Bank has the largest market share of the residential mortgage market in Finland, 2005-06
    • Figure 14: The Finnish mortgage market is forecasted to reach €55.8 billion in 2007, 2005-11f