Banking mortgage lending: barriers and development pathways

Relevance of the research topic. Mortgage lending is an important tool for addressing socialissues, particularly ensuring citizens have access to housing. The war has caused the destruction of thehousing stock, forced displacement of people, and deterioration of their financial situation, making accessto mortgage loans more difficult. In the face of these challenges, developing support mechanisms formortgage lending is critically important for economic recovery and overcoming the housing crisis. Statepolicy in this area can play a key role in rebuilding housing, attracting investment in construction, andsupporting affected citizens. Banks, as the primary lending institutions, have a crucial role in addressingsocio–economic challenges through lending. However, for effective functioning, they must be providedwith adequate resources. Given regulatory constraints and the need for risk management, the study ofmortgage lending development mechanisms in Ukraine is becoming increasingly relevant.The aim of the work is to systematize and summarize the trends in bank mortgage lending,highlighting the challenges, trends, and development prospects.Research objectives. To systematize approaches to defining the economic significance of bankmortgage lending and its role in stimulating the mortgage market, to study quantitative indicatorsdescribing trends in the bank mortgage lending process, and to identify barriers and challenges ofmortgage lending in Ukraine.Research methods. For the implementation of this study, general scientific and specialized researchmethods were used. The foundation was based on methods such as analysis, synthesis, induction,deduction, systematization, as well as tabular and graphical methods. The informational base forpreparing the material consists of scientific works by Ukrainian practitioners and researchers, as wellas statistical reports from state authorities.Main research findings. The article explores the issues of stimulating the development of bankmortgage lending as a means of addressing social challenges and diversifying banking credit activities.The significance of mortgage lending for market participants is revealed. The regulatory frameworkgoverning bank mortgage lending in Ukraine is described. Special attention is given to interpreting theessence of the mortgage loan concept. Trends in key indicators characterizing the development of thebanking credit market in the mortgage sector are outlined. The main problems and barriers to the activation of bank mortgage lending are identified.Field of application of the results. Banking, financial market, public finance.