Property raffle: Your guide to winning a house | Property | Life & Style

Property raffles began as an alternative way for homeowners who could not sell their property in a slowing market to raise the cash they needed to move on. For entrants, a home is a tempting prize with tickets ranging from as little as £2 to £40 in some cases. Many will be instinctively suspicious and the Gambling Commission and local councils have shut down around a dozen raffles after property owners failed to comply with regulations. However, they keep coming, so should you try your luck? GAMBLE A row of…

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