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.
1st January 2012 to 30th June 2012
| Firm Name | Yorkshire Building Society |
|---|---|
| Other firms included in this report | Barnsley Building Society |
| Period covered | 1st January 2012 to 30th June 2012 |
Below is a table showing how many complaints Yorkshire Building Society received and dealt with from 1st January 2012 to 30th June 2012
The comparative figures show how these relate to the number of accounts or income in each grouping, to allow comparisons to be made with other financial organisations on a consistent basis.
The comparative figures show how these relate to the number of accounts or income in each grouping, to allow comparisons to be made with other financial organisations on a consistent basis.
To put the figures into context:
- We have 3.86 million savings accounts and received 0.59 complaints for every 1000 accounts.
- Of the 206,351 mortgage accounts, we received 5.98 complaints for every 1000 mortgages.
- We received 654 general insurance and pure life protection complaints for every £1m of annual income. This figure is higher than normal due to the unprecedented level of mortgage payment insurance complaints, largely due to speculative claims from Complaint Management Companies.
- For every £1m of Investment income, we received 8.59 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.
The Financial Ombudsman Service also publish complaint data regarding the number of complaints received and the proportion upheld by the Ombudsman for individual firms. Details can be found at the Financial Ombudsman Service - publication of complaints data .
Archived Complaints Reports
Complaints Data
Complaints received and dealt with by Yorkshire Building Society from 1st January 2012 to 30th June 2012
| Product/Service Grouping | Number of complaints opened | Number of complaints closed | Complaints closed within 8 weeks | Closed complaints upheld by YBS |
|---|---|---|---|---|
| Banking and credit cards | 2298 | 2372 | 99.3% | 29.9% |
| Home Finance | 1235 | 1261 | 97.3% | 38.2% |
| General Insurance & Pure protection | 5193 | 4080 | 79.7% | 5.8% |
| Life, Pensions and Decumulation | 139 | 138 | 63.0% | 13.8% |
| Investments | 101 | 91 | 81.3% | 39.6% |