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Oh, I thought you already had a mortgage offer! To do what you want to do, you could rent one of the houses out for a year, and that could be used to help with the affordability.

If that's what Poojah has done, surely he already knows it's a condition of the mtg? What if the sale of his current home doesn't have to be on the same date?

Well actually, according to you, that is true - nothing happens - they don't give you a mortgage. Taking out lots of mortgages.

In that scenario it wouldn't be an infraction at all, because it wouldn't happen. So you're saying it's not possible that the lender would make a mortgage offer without adding a condition that the existing home is sold? I find that hard to believe. So are you a solicitor or mortgage advisor? And...

If it is a condition of the new mortgage. But not if it isn't.

Nothing.

It would be possible, yes. My guess is that it would be quite a small infraction. Meh, you were selling your home, but it fell through, and you went ahead with the purchase planning to sell at a later date. Well obviously you need to ensure you can afford it. I'd just go ahead if I could afford it.