Foundation has launched products for starters/landlords.
The lender has added a new two-year fixed product for the F1 starter/first-time lessor with a fee of 1.5% and a rate of 6.24%, in addition to a five-year fixed product with a fee of 1.5% and a rate of 6.09%.
Foundation has also reintroduced its F1 remortgage with a fixed term of just five years at a loan-to-value (LTV) of 65% with a rate of 5.99% and a £1,995 fee. This has one free valuation, no application fees and includes £500 cashback.
Within its buy-to-let range, the lender has also increased rates by 20 to 35 basis points across F1, F2, HMO, MUFB and select expat products.
Elsewhere, it has also reintroduced most of its previously withdrawn residential products, now at higher rates. This excludes the 65% LTV F1 product, which remains withdrawn.
Private rates have also increased by 10 to 25 basis points for all products.
Foundation wrote to real estate agents yesterday afternoon to say it would withdraw all residential rates and some buy-to-let deals at 5.30pm to review prices.