Houses prices drop latest

[AtW]

I appreciate that, but by calling it a raffle, doesn't it lead people to believe it is a raffle?

I think it can't be a raffle because raffles have strictly defined small prizes and max number of participants, he is just ignoring the law in desperate attempt to flog his overpriced hole.

[wendigo100]

I appreciate that, but by calling it a raffle, doesn't it lead people to believe it is a raffle?

I think there should be a name for competitions with easy answers.

[Lucifer Box]

All to do with the gambling laws. If it is down to pure luck there are lots of hoops to jump through. If it involves a skill then its easy to do, hence the daft simple questions on TV phone and win comps.

LG has it right. If there is no "test of skill" then it is an unlicensed lottery and that means

[The Lone Gunman]

Then surely it isn't a raffle.

All to do with the gambling laws. If it is down to pure luck there are lots of hoops to jump through. If it involves a skill then its easy to do, hence the daft simple questions on TV phone and win comps.

[wendigo100]

£25 raffle ticket could buy you a flat

The original idea for the competition was for entrants to answer a tie-break question and to explain why they would like to win the property, but has now scrapped the idea in favour of an online spot the ball competition.

Then surely it isn't a raffle.

[thunderlizard]

mm. If he's "having no luck" selling it at £130,000, then it's obviously not a "£130,000 property". Luck's got nothing to do with it.

[DimPrawn]

Deja Vu. I remember these in the late eighties just before it all went Pete Tong. Oh dear.

[AtW]

They are getting real desperate:

1) www.win-my-home.com

2) Article about it:


£25 raffle ticket could buy you a flat
Michael Clarke, This is Money
23 September 2005

FRUSTRATED with the stagnant housing market, one Nottinghamshire-based homeowner is giving punters the opportunity to win his two-bed flat.

Civil Engineer Daniel Bloy has been trying to sell his Arnold-based flat since the beginning of the year with no luck, so has put the property up for raffle.

For an entry fee of £25, contestants have the chance of winning the £130,000 property, built just 18 months ago.

Daniel, who works at Nottingham's Capital One, said: 'We put the flat up for sale at the beginning of the year and actually had a sale but that fell through, but there's been very little interest since then. The market is so slow and doesn't show many signs of picking up.'

The 24-year-old, who lives in the property with his hairdresser partner Rachel Hopewell, added: 'One day we saw a competition on television to win your mortgage for a year and thought that would be a great way to sell the property, so it's all stemmed from there.'

Daniel hopes to attract up to 8,000 entries, but has set a minimum of 7,000 for the sale to go through. If the number of entries fails to reach the 7,000 mark, the grand prize will be 65% of the total entry sales, with 11 further cash prizes.

He added that if he reaches the 8,000 mark, the couple would make a 'sizeable' donation to charity.

The original idea for the competition was for entrants to answer a tie-break question and to explain why they would like to win the property, but has now scrapped the idea in favour of an online spot the ball competition.

The Competition has been guaranteed by solicitors Berryman Shacklock, which also holds the copy of the lease and the title deeds of the home. Entrant's cash will be held in a Paypal account and the competition closes on 23 December.

To view the property and enter the competition, which goes live on 24 September, visit www.win-my-home.com.

----

There are pretty strict rules for lotteries in this country, I wonder how he managed to workaround them without having to get license