Between May and June this year, Yorkshire Bank saw a 28% increase in mortgage approvals compared to the same period in 2008.

The Bank argues its pledge last week to make an additional £1 billion of new lending available to mortgage and business customers is driving this rise

Yorkshire Bank has been offering a number of customer-focused initiatives to support borrowers and continue lending. These have included fee-free mortgage deals and best buy pricing, plus the Bank remains one of the few lenders that continue to offer 95% LTV mortgages for first time buyers

Gary Lumby, head of retail banking for Yorkshire Bank, said: “At Yorkshire Bank we are always focused on meeting the needs of our customers.