The offer is available through direct applications and financial advisers.
Standard Lfe Bank said mortgage customers taking any other Freestyle discounted variable rate mortgage in the range can benefit from its low offsetting fee of £150.
The free offsetting offer applies to Standard Life Bank's Freestyle mortgage with a six-month discount rate of 3.60per cent , APR 6.0 per cent (variable).
For further information from 16 July visit www.freestylemortgages.com
For further information, financial advisers should call: 0845 845 8451