The launch of the two-year discount rate mortgage comes at a time of great uncertainty over foreign travel.

Darlington said its flexible approach to lending meant it could enter the holiday let market with a deal priced at 3.39%.

It is available for properties in England and Wales and offers personal use up to 90 days per year. What’s more, both capital repayment, interest-only and part-and-part will be considered.

Chris Blewitt, head of intermediary distribution, said: “The rising trend of staycations and the uncertainty of foreign travel is currently increasing demand for holiday let properties in the UK.

“We are pleased to bring a holiday let mortgage to the sector and support both first time landlords entering the market, or existing landlords looking to remortgage from their current lender.

“Our mission is to support advisers with complex cases and understand borrower needs, and we have launched this product to assist people with their holiday let aspirations.”

Darlington said criteria and eligibility were based on individual circumstances as each application was underwritten on an individual basis.