{"id":4180,"date":"2023-04-14T06:19:50","date_gmt":"2023-04-14T06:19:50","guid":{"rendered":"https:\/\/www.theukrules.co.uk\/?page_id=4180"},"modified":"2023-09-13T13:48:06","modified_gmt":"2023-09-13T13:48:06","slug":"house-raffles-gamble-with-the-law","status":"publish","type":"page","link":"https:\/\/www.theukrules.co.uk\/news\/homes-and-lifestyle\/house-raffles-gamble-with-the-law\/","title":{"rendered":"House Raffle Laws UK: A Lottery or Illegal Gambling?"},"content":{"rendered":"

HOUSE RAFFLE LAWS<\/strong>: The Gambling Commission issued a warning.<\/p>\n

In fact, betting on house raffles could be in breach of gambling regulations.<\/p>\n

In some cases, home owners could be facing a hefty fine or almost one year in prison.<\/p>\n

The growing trend is seeing many homeowners choosing novel ways to sell properties. Some are using prize draws, raffles, and competitions.<\/p>\n

In most cases, no estate agents will mean more money for the seller. But there some pitfalls to be aware of when raffling off a home.<\/p>\n

Note<\/strong>: The UK Gambling Commission<\/strong> warns that it may be violating the country’s gambling laws.<\/p>\n

<\/p>\n

\n

<\/p>\n

How Do Dream House Raffles Work?<\/h2>\n

There is a typical scenario of how a dream house raffle works. The home owner sells lots of tickets by running a raffle<\/a>. Of course, they would nominate their property as the prize.<\/p>\n

The draw takes place once a predetermined number of tickets get sold. The raffle winner gets the home keys and ownership of the property.<\/p>\n

There are reports of some home owners making more than the original asking price. Using these methods has seen some vendors profit by a triple of the standard asking price.<\/p>\n

Sounds simple right? Beware because it is anything but simple! A large number of these home raffles flout the strict gambling laws in the United Kingdom.<\/p>\n

<\/p>\n

\n

<\/p>\n

Laws on Raffling a House<\/h2>\n

The exact legalities of the situation are quite complicated. There is one specific problem that house raffles may encounter.<\/p>\n

In some cases, raffling off a home does not involve an element of skill.<\/p>\n

The UK laws on raffles and lotteries<\/a> are clear. Competitions based on luck ‘alone<\/strong>‘ cannot raise money for private individuals.<\/p>\n

This type of ‘lucky draw<\/strong>‘ can only raise money for a charity – such as a lottery.<\/p>\n

<\/p>\n

\n

<\/p>\n

\n
\n
How to Make Your House Raffle Legal<\/h5>\n

It needs to involve an element of skill. It must also offer the opportunity for people to enter the draw without a charge. There are certain other requirements too such as ensuring:<\/p>\n