Variable

UK Data Service variable record for:

Living Costs and Food Survey, 2014

Variable Details

VariableMortType
LabelMortgage: What is this mortgage?
Question text Looking at this card (card B2), which one of these options best describes your mortgage?
Responses
1 Endowment mortgage where your mortgage payments cover intere 56
2 Repayment mortgage where your mortgage payments cover intere 1287
3 Pension mortgage where your mortgage payments cover interest 2
4 Unit Trust or ISA mortgage 4
5 BOTH an endowment (or other interest only) AND a repyament m 60
6 Interest only mortgage with more than one linked investment 23
7 Interest only mortgage with NO linked investment 156
8 Another type 5
Sysmiss 3540
DisclaimerPlease note that these frequencies are not weighted.
LocationLiving Costs and Food Survey, 2014
Interviewer InstructionsCode one only [Value labels should read: (1) an endowment mortgage where your mortgage payments cover interest only (2) a repayment mortgage where your mortgage payments cover interest and part of the original loan (3) a pension mortgage where your mortgage payments cover interest only (4) a Unit Trust or ISA mortgage (5) BOTH an endowment (or other interest only) mortgage AND a repayment mortgage (6) an interest only mortgage with more than one linked investment (e.g. pension and unit turst, endowment and ISA) (7) an interest only mortgage with NO linked investment (8) another type (please specify) ]
UniverseLocation of units of observation: National;Population: Households in the United Kingdom surveyed during 2014.
SamplingMulti-stage stratified random sample
Study TypeRepeated cross-sectional study; From January 2006, the EFS (now LCF) moved from a financial to calendar year basis in anticipation of the IHS.