Yorkshire Building Society has retained its title as Best Offset Mortgage Provider for a third consecutive year in a series of key industry awards.
The Society was honoured with the title in the Moneynet Personal Finance Awards 2014, when it also won the category for Best First Time Buyer Mortgage Provider.
“We’re really pleased to have retained the Best Offset Mortgage Provider award for another year,” said Yorkshire Building Society senior product manager Chris Smith.
“The Yorkshire is one of the biggest high street providers of offset mortgages and we’re unusual in offering an offset alternative across our wide product range.
“In addition, the award for Best First Time Buyer Mortgage Provider is welcome recognition of our efforts to help borrowers across all LTV (loan to value) levels, as evidenced by the launch of our range of 95% LTV mortgages last year.
“As a mutual we are focused on lending responsibly and sustainably in our aim to help all borrowers, including first time buyers, realise their property aspirations.”
Steve Pavis, of Moneynet Limited, said: “It has been another testing and fiercely competitive year for banks, building societies and credit card companies, but some have gone that extra mile and delivered first class deals for the consumer.
“Our research team has analysed the Moneynet data for the last 12 months and identified those products with the finest rates/fees, whilst also taking note of product features and innovative ways of giving the customer an all round good deal.
“The awards are focused on a prolonged period of competitive pricing, not a best buy lasting just a few days or an initial introductory offer.”