We've sold (stc) our house and this week put an offer on a property. The house we're buying was bought off an employee by their company and they're after a quick exchange and completion (one month / six weeks). Our solicitor has indicated that our purchase should be OK within this timescale; but we're not 100% on our buyer.
We're currently looking into the possibilities bridging loans, and with under 10K left on our current mortgage we're wondering whether clearing this balance now would speed things along.
Cheers, Chris