The Society will consider applications from UK and foreign nationals purchasing property in England or Wales.

According to exclusive data obtained by Pikl Insurance, the Royal Family make approximately £118,775.85 each month on holiday lets.

There are now 445 holiday let mortgages available in the market.

The lender has also announced that it has made a series of rate reductions for short-term and holiday-let landlord borrowers.

New analysis claims to have revealed the “rampant hypocrisy” of attacks on the holiday let industry.

Enquiries for advice ahead of incoming tax changes for furnished holiday lets are on the rise, according to Handelsbanken Wealth & Asset Management.

A new study using ONS data has revealed the areas in England and Wales with the highest number of holiday homes.

The average holiday let owner now earns an estimated £24,500 per year, according to new data from Sykes.

The lender has also cut fees across its product range

The society has announced a number of rate reductions as well as withdrawing two 3-year products as it continues to adapt its offering to market demand.