Accord Mortgages has increased rates on its residential new business, product transfer/additional loans and buy-to-let (BTL) new business.

Residential new business, product transfer and additional loans fixed rates will rise by as much as 0.58%.

For BTL new business fixed rates will be hiked by up to 0.70%.

Earlier today, lenders including Saffron for Intermediaries and Foundation pulled their fixed rate mortgage ranges.

Saffron withdrew all fixed-rate new business mortgages for residential and BTL from 12pm on 10 March and Foundation will be withdrawing mortgages from its residential and BTL ranges from 5.30pm on 11 March.

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

Aldermore, Quantum, Rely and Interbay have all announced they will be repricing BTL and commercial products this afternoon.

Gen H has also hiked prices by up to 33 basis points, marking the third significant increase in a week following the impact of war in the Middle East.