Home Of Your Choice
The prize on offer in this Raffall competition is a £500,000 home of your choice. So that's any house anywhere up to the value of half a million quid. The competition is also aiming to raise funds for charity but be wary!
Launched: 31st August 2020 Closes: 31st August 2021
Location: London, W1
House Value: £500000 (4 Bedrooms)
Ticket Price: £5.00
Minimum Ticket Target: 200000 Tickets Sold: Unknown
Cash Alternative: 75% of ticket sales
The promoter of this competition are Homestar UK. However we're a little bit confused because they have one competition running on Raffall and another on their own website at Homestar. The prize for both is a £500,000 property and tickets cost £2 each. Whilst the Raffall competition doesn't have a no purchase necessary entry route, the Homestar website one does. It seems to us that these are two independent competitions and that is concerning because in our view that's going to be divisive when it comes to ticket purchasing.
How To Enter
Homestar UK is owned by Homestar Fundraising Limited. On their Raffall page they claimed that they are a registered charity with the number 07213540. However if you look at Companies House their company number is 07213540. We have spoken to Raffall about this and this issue, caused by a technical error, has now been changed and no charitable contributions will be made. Looking at the website competition and charitable donations are indicated as going towards Zilbor Trust, The Salvation Army, Shelter and Oxfam.
To enter the competition on Raffall then first you need to be registered. This can be done via Facebook or email login. Once at the house raffle page it's a case of answering a question and purchasing tickets. The question pops up in a window which we found disappeared very quickly. Tickets only cost £5 and there's no limit to the number you can purchase. You can purchase online using debit cards. No money is being raised for good causes as outlined above. The website entry is via a Paypal donation button and as Paypal doesn't usually allow it's service to be used by house raffles then this isn't ideal.
Homestar hope to sell 200,000 tickets (total revenue £1million) by August 2021 in order to conclude the Raffall draw. If insufficient tickets are sold then the winners will receive a share of the compensation amounting to 75% of all ticket sales. All compensation payments are guaranteed and paid directly by Raffall Limited. With the website version it seems that only 50% of cash amounts will go to as a cash alternative prize if not enough tickets are sold. We'd suggest going with Raffall simply because of the 75% cash prize guarantee as we don't expect all tickets to sell in either version.
We strongly advise avoiding the website version. Firstly you don't have the protection of Raffall's set-up but there are additional elements that raise red flags. For example the prize is "up to a value of £500,000". It's not offered as a cash alternative and has to go towards a property purchase or mortgage. However if the amount to be paid is less than £500K then the difference is split 50/50 with the winner and Homestar. In other words if you wanted a £300,000 house then that suggests to us prize value you'd receive is only £400,000! There is a free entry route but firstly it's offensively written - calling entrants Scrooge - and it suggests with paid entries "you can be sure your entry is recorded". Does that mean they won't record free entries?
Lack Of Transparency
We had a few concerns over the Raffall competition but this has now rectified. Raffall have updated the competition page and removed the good causes element of the promotion. Homestar have contacted us regarding this review and have explained why they currently have two competitions running. We are monitoring the situation. We're unsure whether they are intending to continue with both competitions or close one, but we will update as and when.
WGiven that house raffles are notoriously difficult to complete then surely it's better to focus on getting one done? The fact that to enter on the website you have to donate via Paypal - a service that doesn't usually allow raffles - should be sufficient indication to avoid it. Although there may be genuine sentiment to help good causes here we wouldn't enter and don't feel able to recommend you enter the website version. The Raffall version is at least protected by a known service and you'll have a chance to win 75% of ticket sales.
Disclaimer: Details shown above were correct at time of writing and are provided for information purposes only. Please do your own due diligence before entering! A link is not an endorsement and sometimes no link may be available. In some cases Loquax may earn a referral fee from sales. We strongly advise that you check terms and conditions before deciding to enter. Map location is approximated by Google based on postcode.
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