Yorkshire Building Society News.

February 2012 – Yorkshire Building Society was voted the Best High Street Savings Provider at this year’s Moneyfacts Consumer Awards. The award follows the results of a consumer survey completed by over 60,000 people. The Society was also Highly Commended in the First Time Mortgage Buyers Choice category.

Yorkshire Building Society.

Yorkshire Building Society  was founded in 1864, The head office address is Yorkshire Building Society, Yorkshire House, Yorkshire Drive, Bradford, West Yorkshire, BD5 8LJ.

They offer a number of products including

Mortgages- Fixed Rates, Offset accounts, Bank of England trackers and First Time Buyer mortgages.

Savings Accounts- e-ISA, Fixed Rate Anniversary ISA, Fixed Rate ISA, ISA Plus, Monthly Reward ISA, Protected Capital Account Inflation Linked 1 - Annual Income, Protected Capital Account Inflation Linked 2 - Maturity Return, Stocks & Shares ISA, Access saver, Access Saver for Pensioners, Advantage 50+ saver, Cash Transactor, Charities Account, Internet saver, Offset Savings Account, Postal saver, Combination Bond, First Time Buyer, Fixed Rate bond, Notice Saver, Regular Saver, Rollover Bond, Treasure Bond and Variable Rate Bond.

Insurance-Life Insurance from Legal & General, home insurance and car insurance 

For the year ended 31/12/2010 The Financial Results for Yorkshire Building Society were 2009 figures in (brackets)

Profit £91,800,000 (-3,300,000)

Assets £30,086.3 million (£22,722.0 million)

Executive Directors Pay £1,597,000 (£1,271,000)

Non Executive Directors Pay £475,000 (£393,000)

The % of mortgage loans 3 months or more in arrears was 1.84% (1.84%). Retail savings balances increased by 55% to £21.4 billion. Over the year the group opened 270,000 new savings accounts and attracted over 900 best buy mentions. The merger with the Chelsea building society that was completed in June 2010 has strengthened the groups position. Management expenses as a percentage of mean total assets adjusted for the effects of the merger were 0.51%.

Yorkshire Building Society.