The curse of Omaze? Raffle winners sell up less than a year

Dec 11, 2023 · Across the county border, in Cornwall's Rock, the winners of another luxury home with spectacular sea views put their Omaze mansion up for sale within eight weeks of …

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Omaze House House Draw Winners Sell Luxury Homes Within Weeks

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The huge prize at the time included £50,000 for his family and the home, like all Omaze homes, was mortgage-free, with stamp duty and legal fees covered. Uttam bought his winning entry in …

msn.com

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Omaze House Hits The Market For £2,300,000 — But How Many …

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Jan 8, 2025 · But after winning the multi-million pound house draw, available to enter for as little as £10, comes the dilemma: move in, rent out, or sell up? Now, yet another Omaze home has …

metro.co.uk

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Why Almost Every Omaze Dream Home Has Been Put Up For Sale

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Oct 20, 2023 · Why has almost every Omaze dream home been put up for sale (Picture: Omaze) It sounds almost too good to be true. Buy a raffle ticket for £10 (or a bundle for £25 to £150) …

metro.co.uk

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Omaze Curse Strikes Again: Raffle Winner Who Moved Into £2m …

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Oct 24, 2024 · The Omaze curse has racked up another victim as one more raffle winner sells his £2million mansion after just six months - and says the ride-on-lawnmower was the highlight of …

dailymail.co.uk

FAQs about The curse of Omaze? Raffle winners sell up less than a year Coupon?

Is the Omaze house draw a curse or a blessing?

The Omaze house draw seems to be more of a curse than a blessing, as winners often sell their grand prizes within weeks, and an expert has explained the reason behind this trend. Omaze, which raises funds for charities through prize draws, offers participants the chance to win lavish homes worth millions for a minimal entry fee. ...

Why do Omaze House winners end up selling?

As well as the houses, lucky winners of the prize draw are handed a cash buffer Omaze house winners end up selling after less than a year of owning their mega mansions because the £100,000 prize barely covers the annual cost of running the properties, an expert has told MailOnline. ...

Why do Omaze House winners flog their mega mansions?

Most Omaze house winners end up flogging their mega mansions less than a year after winning them - and an expert has revealed why. Omaze partners with charities in fundraising draws, giving people the chance to win multi-million pound homes for next to nothing. Winners also receive cash to help with the running costs. ...

Can Omaze winners live in their new house?

An Omaze spokesperson said: "All Omaze winners are free to decide if they live in their new house, rent it out for a supplementary income or sell it whenever they wish, to become a cash multi-millionaire - the choice is entirely theirs. ...

Who won the Omaze house?

The Omaze dream soon became a nightmare for one winner. Foundry worker Glen Elmy, from Walsall, won a James Bond-style property in October 2021, with the incredible house boasting views over Combe Martin Bay, in north Devon. READ MORE: 'I won a £3m house but moved out after days out of fear it would collapse' ...

What happens if you win a dream house in the Omaze raffle?

People who won dream houses in the Omaze raffle have been forced to sell up as the ‘curse’ of winning sees them saddled with massive running costs. ...