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.

01/07/12 to 31/12/12

Firm Name

Yorkshire Building Society
Other firms included in this report

Barnsley Building Society
Chelsea Building Society
Chelsea Mortgage Services
Norwich & Peterborough Building Society
Egg mortgage and savings
Period covered
01/07/12 to 31/12/12
Below is a table showing how many complaints Yorkshire Building Society received and dealt with from 01/07/12 to 31/12/12  
 
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 3.82 million savings accounts and received 0.63 complaints for every 1000 accounts.
  • Of the 197,746 mortgage accounts, we received 4.84 complaints for every 1000 mortgages.
  • We received 293.2 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 8.54 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 .


Complaints Data

Complaints received and dealt with by Yorkshire Building Society from 01/07/12 to 31/12/12
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 2422 2391 99.2% 28.8%
Home Finance 959 1012 97.1% 34.6%
General Insurance & Pure protection 5146 5801 98.3% 6.2%
Life, Pensions and Decumulation 133 141 71.6% 16.3%
Investments 107 118 93.2% 25.4%