Saffron for Intermediaries and Foundation are the latest lenders to pull their fixed-rate mortgage ranges.

Saffron withdrew all fixed-rate new business mortgages for residential and buy-to-let from 12pm on 10 March.

The lender said the withdrawal was temporary. Until then, Saffron is only accepting new business for variable discount homeloans, self-build, development finance and select retention products such as 85%+ LTV residential fixes.

Foundation will be withdrawing mortgages from its residential and buy-to-let ranges from 5.30pm on 11 March.

The lender will remove the selected F1, F2, HMO, MUFB and large HMO products from its buy-to-let range.

From its residential range, Foundation will remove selected F1, remortgage only, professionals, key workers and EPC saver homeloans.

The lender said all withdrawn mortgages will be replaced on 12 March.

Foundation is also withdrawing several homeloans with no plans for immediate replacement.

These include all its 65% LTV residential products and all F1 & F2 five-year fixed 75% LTV mortgages.

Vida Homeloans pulled its entire buy-to-let new business range yesterday with no warning, while other lenders have given notice of BTL withdrawals today amid “exceptional” conditions.