See how many complaints Yorkshire Building Society received and dealt over a six month period and how these relate to the number of accounts in each grouping, to allow comparisons to be made with other financial organisations on a consistent basis.

01/07/18 to 31/12/18

Firm Name

Yorkshire Building Society
Other firms included in this report

Chelsea Building Society
Norwich & Peterborough Building Society
Period covered
01/07/18 to 31/12/18
Below is a table showing how many complaints Yorkshire Building Society received and dealt with from 01/07/18 to 31/12/18  
 
The figures below show how these relate to the number of accounts in each grouping, to allow comparisons to be made with other financial organisations on a consistent basis.
 
  • We have just over 3 million banking, savings and loan accounts and received 1.37 complaints in total for every 1000 accounts.
  • We have just under 133,000 mortgage balances and receive 10.88 complaints for every 1000 mortgage balances.
  • We have just over 97, 000 policies across insurance and pure protection. Within this category we also report complaints for products we no longer sell namely Mortgage Payment and Protection (MPPI) and received 65.77 complaints per 1000 insurance and pure protection in force. 99% of these insurance and pure protection complaints were MPPI complaints.
Complaints are very important to us. We use complaints to understand where our customers aren't happy with our service so we can make improvements. We always do our best to deal with complaints as quickly and fairly as possible. Our complaints process has been designed with customers at its heart. If you have a complaint, please get in touch and we'll do all we can to resolve the matter with you.
 


Complaints Data

Complaints received and dealt with by Yorkshire Building Society from 01/07/18 to 31/12/18
  Number of complaints opened by Volume of business  
Product/Service Grouping Provision1 (at reporting period end date) intermediation2 (within the reporting period) Number of complaints opened Number of complaints closed Percentage closed within 3 days Percentage closed after 3 days but within 8 weeks Percentage upheld Main cause of complaints opened
Banking and credit cards 1.37   4233 4185 73.57% 26.33% 74.5% General Admin / Customer Service
Home Finance 10.88   1446 1418 52.05% 47.04% 71.9% General Admin / Customer Service
Insurance & Pure protection 65.77   6410 6634 38.23% 60.58% 30.2% Advising, Selling and Arranging
Decumulation and Pensions N/A              
Investments N/A   84 83 18.07% 71.08% 16.9% Advising, Selling and Arranging
Credit Related N/A              
Key

1 Provision - these are the number of complaints per 1000 active accounts or 1000 outstanding balances (Home Finance) as of 31st December 2018.
2 Intermediation - Number of sales in the period 1st July 2018 – 31st December 2018.