According to the mutual’s latest financial results, it provided around 38,000 new residential mortgages, which compares to 41,000 in the prior year.
The report noted that around 11,000 mortgages within that went to first-time buyers, an increase from 9,700 in 2024.
Yorkshire Building Society added that its £5k Deposit Mortgage, which was widened to flats last year, has helped over 2,000 people into their first home.
Mortgage balances in the period grew by 4.4% to £51.9bn. This compares to 6.2% annual growth to £49.7bn in 2024.
The lender’s profit before tax stood at £377.9m in 2025, which is a fall from £387.3m in the year prior.
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Susan Allen (pictured), chief executive of Yorkshire Building Society, said: “2025 was a defining year for us. We invested almost £90m in making the society stronger for the future and improving our customers’ experience. We grew our mortgage and savings balances and we reaffirmed our purpose.
“Our purpose is the reason we exist. We’re here to make a real difference – for our members and customers, their families and their communities. Real Help with Real Life means members coming together to make good homes possible for more people.”
She continued: “We’re going further to make good homes possible for more people, building on what we’ve started and finding new ways to help – because good homes are about more than bricks and mortar. They are where futures are built, families grow and communities thrive.
“In 2025 we made homeownership more accessible, extending our ground-breaking £5k Deposit Mortgage to flats and helping overcome affordability challenges by offering higher-loan-to-income and cashback mortgages. We’re campaigning for change in the housing system – to fix challenges like affordability and supply – supporting responsible landlords and helping customers understand how to make their homes more energy efficient to save on bills.”
Allen said this year “will bring challenges, for the economy and for our customers, and the cost of living is likely to stay high”, but this is why its renewed purpose “matters more than ever”.
“With a solid financial position, a clear strategy and committed colleagues, the society is well-equipped to keep supporting our members and customers for decades to come,” she added.
