Couple Selling £2 Raffle Tickets For A Chance To Win Their £280,000 Home
The prospect of owning a house might seem a world away for many of us - especially given the current climate.
That's why mum-of-two Jodie Paget decided to put her house up for a raffle rather than simply selling it, giving people a chance to get on the property ladder for as little as £2.
Jodie, 33, came up with the wacky idea after having previously lost out in other house raffles.
She had lived in the two-bed detached cottage in Nottingham with her husband Callum, 31, and their two sons Harley, seven and 18-month-old Freddie for five years.
But after the property became too small for their growing family, they decided to put it on the Raffall website, so that somebody else could have a chance of living in it without the hefty upfront cost.
The property, named Forest Side Home, in Ollerton, Nottinghamshire, has solid oak flooring, a newly-fitted kitchen, a dining room, two bedrooms and large downstairs windows overlooking the massive ¾ acre garden.
It is surrounded by fields and close to several more green spaces including Sherwood Forest.
While offering people your home for as little as £2 might sound crazy, there's method to the madness, as the couple are hoping to earn the money they would have bagged back by selling 200,000 tickets.
They have sold 5,300 tickets in a week since launching, and would love a young couple to win the prize so they can get a head start in life.
Jodie said: "I saw other houses being raffled that seemed to be really successful and had bid for them myself.
"As some of them moved towards the target number of ticket sales everyone seemed to be excited that they might win the house.
"I thought it would be a nice thing to do."
She added: "Knowing we would be moving I thought it was the right thing to do to help people who couldn't afford to buy a house themselves.
"I've worked in the housing market for 10 years and I know how hard it is for young people to own their first home.
"We were going to sell our house in the traditional way. We have outgrown it and we'd like to move closer to schools.
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"My son Harley is seven, which is when you start thinking about getting into the catchment area for secondary school.
"We will be renting initially because there is no time to purchase a house at the moment and we need to free up the funds from this one.
"The house valuation is £260,000 to £280,000. We have had to take account of the 10% of the ticket sales we'll pay to the raffle site.
"And take account of the potential stamp duty we'll pay if the winner is already a homeowner as well as advertising costs.
"It gives us some leeway and protection if we can't sell the full amount of tickets."
When Jodie first told people she was putting her house up for a raffle, she says that people were "shocked" at the decision.
Even her husband was a little taken aback, but she says he doesn't mind "as long as we sell the house".
Given that she has seen previous house raffles sell thousands of tickets a day, she knows there's potential for interest to soar.
And now she's hoping to drum up some interest so that she can use their moving venture as an opportunity to help others.
She says she would "prefer the winner to be a local person who could move in straight away or a young couple buying their first place," but added that she has no say on who enters, and everyone is in with the same chance.
"Some people were negative and saying I was scamming people and wouldn't give the house away," she said.
"That is why I'm using a third party platform. I'm just showing how the tickets can be sold and have no part in how the winner is chosen.
"If not enough tickets are sold the winner gets a cash prize and I get nothing. It will cost me. It's in my best interest to sell as many tickets as I can so I can sell the house.
No matter how many tickets are sold, the winner will be chosen on January 2nd next year.
Jodie added: "If we choose not to sell the house, they get 75 per cent of ticket sales.
"The other 25 per cent goes to the raffle site as well as the raffle fee. We wouldn't receive anything at all.
"I would say buy a ticket because you win a home for £2. There is no risk in buying a ticket and a one in 200,000 chance of winning.
"The odds are good and better than the lottery.'
Brb, we're off to buy 10 tickets, ASAP.
Featured Image Credit: SWNS
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