markandgill

Anyone every heard of this, someone suggested it to Mark, I think it is a bit dodgy, had a wee search on the internet and the only info I have found it pretty much that it is illegal in the UK, if it was that easy wouldnt everyone be doing it?

Gillian

the4ofus

Still no buyers Gillian? Our tenants moved in on Friday and we are with the MIL, its working out ok so far. Ask me whats it's like in another 4 weeks Would you not think of renting out your house and just going?

Lynn xx

nicnpaul

hiya gillian,

are you sure house raffles are illegal in uk? its just that i read an article recently in the daily mail online about a guy who was doing one, i had never heard of them before this but it was definitely in the uk!!!

nic x

Dan the Plumber

Hi Gill,
Not illegal I don't think but I think you have to register with gaming commision. From what I've read it's not a great success (depending on how much you want for your property) as opposed to how much you sell tickets for... Then theres extra costs for advertising, solicitors, gaming commission etc etc.
Not (if any) people have appeared to have sold all tickets. You would have a clause that stated 'so many tickets would have to be sold' and if not reached the target the draw would still take place and the winner would get the total of tickets sold. This happened somewhere in the UK where a young lady won about £90k I think! Not the house but a good prize anyway!
I have often thought about this but realistically I would want to sell tickets for £1 each (so approx 275,000 to sell to account for extra costs)
This day and age with internet I guess it is physically possible I think its the problem of getting people to buy tickets!!
Dtp