Factors Influencing the Residential Land Use Right Mortgage in Yen My District, Hung Yen Province, Vietnam

Abstract

The study aims to identify influencing factors and their influences on the residential land use right mortgage as the basis for proposing solutions to improve land use right mortgage. The study used methods of collecting secondary and primary data; processing and analyzing data using SPSS20.0 software. There were 5268 cases of land use right mortgage registration, 3240 cases of land use right mortgage removal and 924 cases for changing contents of land registration. The study identified 7 factor groups with 27 factors affecting land use right mortgage. The credit factor group has the biggest impact at the rate of 18.21%, followed by the 6 other factor groups. Solutions which to be implemented include completing procedures for reviewing mortgage loan documents; amending and adding regulations on mortgage lending; completing procedures to handle mortgage debt; completing human resources, facilities and mortgage registration procedures; freeing loan dossier evaluation.