Yes. If you sell one house and purchase another and the new property is also mortgaged to Perpetual Trustees Victoria Limited through Trustar Mortgage, you will not incur the mortgage discharge fee for discharging the first mortgage with Perpetual Trustees Victoria Limited. The transaction of course is subject to formal application, the new property being of no less value than the existing property and the simultaneous settlement of the sale and purchase of your property. There is however a cost involved in substituting security properties. Trustar Client Services Department can arrange this type of transaction and advise you of the costs involved.