Complaints data publication report

Firm Name: Leeds Building Society
Period Covered in this return: 1 July – 31 December 2013
Brands/trading names covered: Leeds Building Society

  Number of complaints opened Number of complaints closed Complaints closed within 8 weeks Closed complaints upheld by firm
Banking 248 229 99.6% 41%
Home Finance 384 384 99.7% 36%
General insurance and pure protection 474 450 98% 13%
Decumulation, life and pensions 10 6 50% 0%
Investments 0 0 0% -

For Banking, the 248 complaints equates to 0.32 complaints per 1,000 accounts.

For Home Finance, the 384 complaints equates to 3.88 complaints per 1,000 accounts.

The Society received 474 complaints about General Insurance (GI) and Pure Protection (PP), which equates to 8.13 complaints per 1,000 policies. Of these, 440 (93%) were in relation to the alleged mis-sale of Mortgage Payment Protection Insurance (MPPI) or Payment Protection Insurance (PPI), of which only 51 (12%) were upheld. Of the 440 MPPI/PPI complaints received, 184 (42%) were referred via Claims Management Companies, of which only 22 (12%) were upheld.

The 10 complaints under Decumulation, Life and Pensions relate to historic endowment policies, the investigation for which takes longer than other complaints, due to information being required from external third parties. As the Society stopped selling endowments in March, 1988, it does not have a relevant metric for comparison.

Please note: The above table reflects the standard format prescribed by the Financial Conduct Authority for reporting complaints performance in the various product areas.

Which products fall into the above categories?


This includes:

  • Current accounts;
  • Credit cards;
  • Unregulated loans
  • Savings (including ISAs); and
  • Other banking.

Home Finance

This includes:

  • Mortgages, including buy-to-let, equity release and loans to people with impaired credit histories; and
  • Other regulated home finance products

General Insurance and Pure Protection

This includes:

  • Payment Protection Insurance;
  • General insurance (such as household and buildings and contents);
  • Critical illness; and
  • Other pure protection

Decumulation, Life and Pensions

This includes:

  • Personal pensions and FSAVCs;
  • Investment linked annuities;
  • Income drawdown products;
  • Endowments; and
  • Other decumulation, life and pensions


This includes:

  • Investment bonds;
  • PEPs/ISAs (excluding cash ISAs);
  • Investment trusts;
  • Unit trusts/OEICs;
  • Structured products; and
  • Other investment products/funds

Customer Service Commitment

The Society's commitment to our customers is enshrined in our mission statement, which is "To be a successful independent building society, providing excellent value through quality customer service, efficiency and competitive products".

As an independent mutual, our members are also our customers and we work hard to ensure they receive the products and service that meet their needs. In the latest independent customer survey, 93%* of our members said that they were satisfied with the service received. However, should a customer feel that their interaction with the Society has fallen short of their expectations, we will always investigate and resolve any issue as quickly and efficiently as possible.

* Customer telephone survey results October - December 2013