Society removes red tape for customers using the Homes for Ukraine scheme
Supporting people fleeing the war in Ukraine
Yorkshire Building Society has announced any customers that have signed up to use the Homes for Ukraine scheme do not need to inform them to remove any barriers for members that want to take in Ukrainian refugees.
The mutual has advised customers that anybody that has been accepted onto the governments Homes for Ukraine scheme doesn’t need to advise them they have been accepted onto the scheme or provide any information and that no changes will be made to their current mortgage product.
Ben Merritt, director of mortgages at Yorkshire Building Society, said:
Since the UK government announced the creation of the Homes for Ukraine scheme we’ve been committed to supporting any of our borrowers who wish to open their homes to those fleeing the horrendous conflict in Ukraine.
We’ve worked on making it as easy and simple as possible for those who want to help to do so, by removing any need for our borrowers to contact us once they’ve been accepted to the Homes for Ukraine scheme. This takes away any further administration for borrowers that are helping people in unimaginable situations. We’ve been supporting people to have a place to call home for 158 years and we see this as enabling our customers to do the same for Ukrainian refugees.
Last month Yorkshire Building Society also donated £50,000 to the Disasters Emergency Committee's (DEC) Ukraine Humanitarian Appeal and unrestricted the causes colleagues can support through its paid volunteering scheme, which allocates each employee 31 hours paid leave every year, to give practical help, sorting and packing donations in support of Ukraine.