Market Harborough Building Society has reduced rates across its holiday let range by up to 60 basis points (bps) and increased its maximum holiday let loan size to £3m.

The specialist lender said fixed and variable holiday let rates, including no-fee options, have been reduced from today.

Tier one and tier two rates have been cut by 50bps, while tier three rates have been reduced by 60bps.

Market Harborough has also widened access to its lower-priced tier two products, including by accepting two letting units on one title.

The society said holiday let rates now start from 6.44% fixed and 5.70% discounted for tier one cases with a £995 product fee.

Iain Smith (pictured), head of mortgage distribution at Market Harborough Building Society, said: “We’re always listening to broker feedback and have built real momentum in 2026 with a series of changes designed to make our mortgage solutions up to £5m even more accessible.

“Today’s enhancements to our holiday let range are another example of that – reducing rates further, increasing choice with a higher maximum loan size and adjusting our criteria, all to make it even easier to say yes to complex cases.

“It’s part of our commitment to being an easy, supportive and solutions-focused partner for our brokers and their clients.”

The changes follow last week’s announcement that Market Harborough had cut fixed rates across its residential and let ranges, alongside the launch of a Discount Now, Fix Later option.

The option allows borrowers who select a discounted rate at application to make one switch to a fixed rate before completion, without paying the £299 product fee for the switch. It is available for a limited time.

Rates for the lender’s discounted products start from 4.20%.