If you are planning to keep the same mortgage amount and the same length of amortization, switching to a new lender is free for standard mortgages. The new lender will pick up the legal fees for you as they want your business.
If you require additional funds on the mortgage, or if you wish to stretch the amortization back to lower payments, this is classified as a refinance and there would be normal legal fees required, we may also require an appraisal on the property (For more information on a refinance please click here).
You would need to qualify with the new lender as you will be a new client for them, but not to worry, we will handle all of the paperwork to make things fast and smooth!