I have already exchanged contracts on my sale and have found a property to purchase. However I am due to complete my sale in a fortnight. Can I tie in the two transactions?

This will depend entirely on your seller and your Lender. On average a mortgage offer will take four to six weeks from application to issue, but some Lenders are more efficient than others. Provided the funds can be made available it also requires your seller to co-operate and assist you in completing quickly.

Finally, it is a question of paperwork and the legal aspects which, contrary to public opinion, can be done relatively quickly – provided all the other parties involved in the transaction work at the same pace as you and your legal advisors.

Provided the Lender expedites your mortgage application, the sellers’ solicitor is prompt with the issuing of contract papers, and your seller is happy for you to take occupation as soon as you want – then you have a chance!

Of course, if someone can lend you the money required to complete until your mortgage monies come through then you have a real chance.