Grand designs "eco house" won't sell, so they're having a lottery.

tomstickland

Sorry, I meant "skills based competition".

They want £1 million for it. Hasn't sold, so they're hoping to sell 46,000 tickets at £25 each, so that's 1.15 million.
They are giving 10% to charidee, leaving them with 1.035 million.
If they don't reach the target they'll give the winner the cash pot instead.
http://winthecheltenhamhouse.com/

moanymoany

Cute, cute, especially like this bit.

Q. What if I enter more than once?
A. Then your chances of winning are that much better. You can enter as many times as you like.

Yoo hoo, pass my cheque book.....

ginvzt

Another one....

Generali

I notice you can't actually enter the lottery.

I do wonder about the legality of these schemes and whether the 10% to charity is enough of a fig leaf to make these ok.

Dithering_Dad

I love Grand Designs - so much better than any of the property !!!!!! programs where they used to throw a bit of magnolia paint around and sell it on for a huge profit.

Of all the properties on the program I thought this was the one I'd least like to live in. Subterranian gardening isn't for me I'm afraid.

Now if the Tuscany castle comes up in a raffle, then I'm buying a couple of tickets!!

WTF?_2

Generali wrote: »

I notice you can't actually enter the lottery.

I do wonder about the legality of these schemes and whether the 10% to charity is enough of a fig leaf to make these ok.

The first one to hit the headlines a few weeks back sounded like a complete scam. If you read the small print, in the event of all tickets not being sold the owners kept the house plus something like 35% of the cash raised (for 'expenses') and paid the winner what was left from ticket sales. Just a cover to run a lottery and take a third of the entry fee, IMO.


On the show, the couple who built that 'eco house' gave a big spiel about being eco friendly and really wanting to live in it. Now they are flogging it off in a dodgy lottery - did they just use the TV show for cheap publicity?

dreamalittle

powerRIP wrote: »

Are you referring to the Oldborough Retreat (???) because that most certainly is not a "scam" and I have not seen a figure such as "35%" quoted. Besides which they have already reached 40000 out of 46000 ticket sales.

From their terms and conditions (http://www.winadevonpropertywithfishing.co.uk/terms.php):

"The Promoters will be entitled to retain 35% of the Entry Fees to cover administration and marketing expenditure. The remaining balance following deduction of the 35% is “the Prize Fund”. The Prize Fund will then be distributed to the winning Entrant;"

WTF?_2

dreamalittle wrote: »

From their terms and conditions (http://www.winadevonpropertywithfishing.co.uk/terms.php):

"The Promoters will be entitled to retain 35% of the Entry Fees to cover administration and marketing expenditure. The remaining balance following deduction of the 35% is “the Prize Fund”. The Prize Fund will then be distributed to the winning Entrant;"

I can't believe they're getting away with that.

On the other hand, if they do then maybe Barratt could have an interesting new sales tactic.......

Trollfever

Grand Designs:

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HelpWhereIcan

This type of scheme has been round for ages.

I remember one for a house close to me in 2006 ish - had a domain name along the lines of winthishouse.

They sold enough tickets and everyone happy from what I recall of the local paper.

HelpWhereIcan

http://www.gooletimes.net/news/2532/%C2%A3650000_home_is_dream_raffle_prize

http://www.gooletimes.net/news/2708/house_lottery_ticket_success

There we go, knew I was not dreaming. www.winthishome.org.uk. was the domain in question

Was in 2007 though, not 2006.

Seem to remember mixed reviews of similar schemes before