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Yes, it can take ages as some people don't know and so only find out when the discharge of mortgage is sent me a few weeks - or even a week before settlement. This may trigger the bank to ask the person for a new application, then valuation, approval (maybe) then documents prepared, issued...

This doesn't make sense. A bank doesn't do a valuation on a property that you sell, just on the ones remaining. Unless the bank is the seller - mortgagee in possession. But, if you have a valid contract then there may not be much that they can do. Sounds like the seller may have realised that...