YORKSHIRE Building Society has announced its results for the first half of 2025 – describing them as “strong”.

The society, which has its head office on Yorkshire Drive, off Rooley Lane in Bradford, said in the six months to June 30, income rose by 26 per cent to £429.6 million, compared to £340.8m last year.

Meanwhile, pre-tax profits increased by 19 per cent to £187.9m.

According to the mutual, in the first half of 2025, it continued to grow both membership and its mortgage balance sheet, which rose to £50.6 billion in the period.

Yorkshire Building Society said it has provided more than 18,000 new residential mortgages, with nearly 4,000 going to first-time buyers.

The organisation said it continued to help customers by extending its ground-breaking £5,000 deposit mortgage to flats and, in the face of stamp duty increases, offering up to £6,250 cashback to help first-time buyers with the higher cost of buying a home.

Savers opened 288,000 new Yorkshire Building Society accounts between January and June.

Susan Allen, chief executive of Yorkshire Building Society, said: “As a building society, all the profits we make are reinvested for the benefit of our members and customers into providing products that overcome real-life challenges, supporting our communities and improving our society.

“We are determined to help more people to find a place to call home and build their financial well-being, while deepening our relationships with our members and customers, and standing up for them on issues that matter, like keeping the current cash ISA limit.”

According to Yorkshire Building Society, 1,642 workers are based at its Bradford head office.

Four charities which deliver employment and skills programmes in Bradford have been granted a share of the society’s £1m Building Bradford Skills Fund.

Bradford Central Foodbank, The Cellar Trust, Lower Grange Community Association and Smart Works have been given grants to support projects in some of Bradford’s most deprived wards over three years.

Ms Allen said: “We are committed to funding local and national community programmes that tackle some of the main causes of hardship.”

She added: “While we can expect economic uncertainty to persist, our strong levels of capital and liquidity, and investment in our future capabilities, mean we will continue to support our members, customers, their families and our communities, now and in the future.

“I am proud to lead such a strong and purposeful business with a clear focus on delivering value to our members.”