Yorkshire Building Society (YBS) has completed the acquisition of the Egg mortgage and savings book and the Egg brand.The transaction provides YBS with a £2.1bn savings book and £400m mortgage book, and sees Egg’s saving and borrower customers become customers of the mutual Egg borrowers currently paying Egg Standard Variable Rate (SVR) or Egg Pi SVR mortgages have been automatically transferred onto Yorkshire’s lower SVR

Iain Cornish, chief executive of Yorkshire Building Society, said; “Combining Yorkshire and Egg product capabilities will lead to further innovation and a more extensive product offering to...Read more here---> Yorkshire mutual acquires Egg