Halifax is cutting rates on a selection of its zero fee remortgage product rates by up to 0.36 per cent.

This largest cut will be made the Halifax’s 60 per cent LTV five-year fix. The 60 per cent to 75 per cent LTV five-year fix will be cut by 0.35 per cent, as will the 60 per cent to 75 per cent LTV two-year fix.

Elsewhere, the lender’s 60 per cent and 80 to 85 per cent LTV two-year fixes will have their rates chopped by 0.11 per cent apiece and its 75 per cent to 80 per cent LTV two-year fix by 0.06 per cent.

It was only last week that Halifax slashed remortgage rates by up to 0.40 per cent.

In a note to brokers, Halifax says that the changes will occur on Monday 15 June. Thus, brokers must submit applications for existing products by 5pm Saturday 13 June.