Bank of England Base Rate Decrease Announcement

On 4 August 2016, the Bank of England announced that the current Bank Base Rate would decrease with immediate effective from 0.50% to 0.25%. This is the first change since 5 March 2009. 

We have reviewed our position regarding our mortgage Standard Variable Rates (SVR) and are pleased to announce that we are reducing the SVRs across the Yorkshire Building Society Group by 0.25%. The date of this change will be 11th September for Accord, CBS and YBS and 13th September for N&P.

We have provided a list of frequently asked questions for both mortgages and savings customers which may answer any questions you have.  

Important notice for brokers and customers

Between Saturday 27th and Monday 29th August, we are making changes to our computer systems. Find out how our services are affected

Our service standards

13
days
Average speed of application to offer last week
Valuations instructed: Within 24 hours of receiving your application and the valuation fee
Lending decision referral: Within 4 working hours
Telephone waiting time: Up to 9 seconds to answer

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