Chapter One — 1.1 Background to the Study

Mortgage Financing Schemes has increasingly attracted the attention of researchers, regulators, and practitioners concerned with rental income yield. This growing interest reflects the recognition that mortgage financing schemes does not operate in isolation, but interacts with a wider set of institutional and market conditions found within Kano State.

Kano State presents a useful setting for examining this relationship precisely because the conditions there — structural, regulatory, and behavioural — differ from those typically assumed in the broader literature, most of which draws on evidence from more developed economies.

1.2 Statement of the Problem

While mortgage financing schemes is widely discussed in policy and industry circles, empirical evidence on its actual effect on rental income yield within Kano State remains sparse and, in places, contradictory. This lack of localized, rigorous evidence makes it difficult for decision-makers to know with confidence whether current approaches to mortgage financing schemes are helping or hindering rental income yield — a gap this study sets out to close.

1.3 Objectives of the Study

1. To examine the effect of Mortgage Financing Schemes on rental income yield in Kano State.
2. To assess the extent to which mortgage financing schemes influences rental income yield within the study area.
3. To identify the challenges associated with mortgage financing schemes in relation to rental income yield.
4. To recommend strategies for optimizing mortgage financing schemes in order to improve rental income yield.

1.4 Research Questions

1. What is the effect of mortgage financing schemes on rental income yield in Kano State?
2. To what extent does mortgage financing schemes influence rental income yield within the study area?
3. What challenges are associated with mortgage financing schemes in relation to rental income yield?
4. What strategies can be adopted to optimize mortgage financing schemes in order to improve rental income yield?

1.5 Significance of the Study

This study is significant to a range of stakeholders. For policymakers and regulators, the findings offer evidence to guide the design of frameworks that support healthier outcomes around rental income yield. For managers and practitioners within Kano State, the study provides practical insight into how mortgage financing schemes can be better managed. Finally, it contributes to the academic literature on estate management by extending existing knowledge into a specific empirical context, and offers a reference point for future researchers.

1.6 Scope of the Study

In terms of scope, this study confines itself to Kano State, focusing specifically on how mortgage financing schemes relates to rental income yield within that setting. Findings are interpreted within these boundaries rather than as universal claims applicable to every organization or market.