On line competition to win a three million pound home for just £25.
Too good to be true? Well, that might be your first reaction on hearing that you could win this fantastic house valued at £3.2 million for only £25! But it’s all absolutely legal and above board.
Malcolm Cox and his wife Maxine are the promoters of wina3millionpoundhome.com – an online competition which they have set up with the aim of raising £3.75 million through the sale of 150,000 tickets at £25 each. The house was completed in 2008 and the couple had planned to move on to another project. However, like many others they received the double blow of the credit crunch and the property market slump and this left them with no choice but to sell at a cut price or come up with an innovative way of moving on. The wina3millionpoundhome competition was their solution to this financial challenge.
The money raised through wina3millionpoundhome.com will be used to pay the original valuation, stamp duty and all promotional, legal and administration costs. In addition, a donation of £100,000 will be given to charity including, The Lord’s Taverners, Born Free Foundation and Building Blocks, a charity run by the West Midlands Police. A number of celebrities and high profile figures have given their support including Chris Tarrant, from “Who wants to be a Millionaire”.
The lucky winner of the wina3millionpoundhome.com competition will be able to choose between taking the house or £1million in cash. There are also seven runners-up prizes, each valued at between £900 and £2,000.
The house, “Poacher’s Retreat” is located in Alcester Heath in rural Warwickshire and sits in a beautiful garden of 6 ½ acres. Timber framed and built in a mock Tudor style it has six bedrooms, four reception rooms, a three car garage with a flat above and a separate workshop; the total area is 6,300sq.ft. It is built around a magnificent entrance hall which floods the house with light and makes it both warm and welcoming.
Many competitions of this kind have fallen foul of regulations but Malcolm Cox carefully researched this aspect and took the very best legal advice available to ensure that wina3millionpoundhome.com was fully compliant with all UK legislation for all events of this kind. The involvement of the West Midlands Police charity Building blocks as a beneficiary and the endorsement of the Assistant Chief Constable show that the promoters have clearly done their homework.
The wina3millionpoundhome.com competition is due to close at the end of September. In the event that all the tickets are not sold then the amount raised will be given to the winner after running costs and charity donations have been deducted