The lender has added a new F1 first-time buyer/first-time landlord two-year fixed product with a fee of 1.5% and a rate of 6.24%, alongside a five-year fixed with a fee of 1.5% and a rate of 6.09%.

Foundation has also reintroduced its F1 remortgage only five-year fixed product at 65% loan-to-value (LTV) with a rate of 5.99% and a £1,995 fee. This has one free valuation and no application fee and includes £500 cashback.

Within its buy-to-let range, the lender has also increased rates between 20 and 35 basis points across F1, F2, HMO, MUFB and selected expat products.

Elsewhere, it has also reintroduced most of its residential products that were previously withdrawn, now with increased rates. This excludes the F1 product at 65% LTV, which remains withdrawn.

Residential rates have also risen between 10 and 25bps across all products.

Foundation wrote to brokers yesterday afternoon to say it would be withdrawing all residential rates and some buy-to-let deals at 5.30pm to reprice.