As building societies offer better mortgages and savings, High Street banks are shamed again

Building societies are shaming Britain’s High Street banks by offering record low mortgages and attractive savings rates.

The Yorkshire, Skipton, Leeds and even the Hanley Economic are waging a price war that is highlighting the pathetic deals offered by big banks.

At the same time, this week Barclays and HSBC have unveiled billions of pounds worth of profits for the first six months of the year.

Hemal and Deepa Bakrania prefer building societies to banks and currently have both their mortgage and savings with Nationwide.