Entering a competition to win a house is a dream come true for many people. Imagine being handed the keys to your very own luxury home, with no need to worry about monthly rent or mortgage payments. It may sound too good to be true, but it's not! In this blog post, we will discuss how you can enter a competition to win a house in the UK. We will also provide some tips on how to increase your chances of winning. So, what are you waiting for? Enter today and start dreaming of your new home!
First, let's talk about the current UK property market and why people are turning to competitions, and million-pound house draws to get a foot on the property ladder.
The average house price in the UK is now over £200,000. For a first time buyer, this can be an unattainable figure. Even with the Help to Buy Scheme, many people are struggling to save for a deposit of this size. With property prices set to continue rising still, it's no wonder that more and more people are looking for alternative ways to buy a property. In fact, according to recent data, in England, house prices have risen by 1.4% since October 2021, with an annual price rise of 9.8% taking the average property value to £288,130. Factor in the economic impact of the global pandemic, with furlough and the daily living costs set to increase even further, the idea of buying a home can often feel completely out of reach, even with a well-paid job.
Suppose you are a hard-working professional renting an apartment or small family home in the UK. Your rent and household bills alone leave you with little left at the end of the month to save towards a deposit. In England, the number of private rented accommodation has more than doubled from 2 million in 2000 to 4.5 million in 2020. And the only way to solve this issue is for the government to build more affordable housing, keep rental rates low and legislate against exorbitant rents.
And even if you managed to save a few hundred pounds each month, it would still take years to reach the required amount for a deposit on even a modest property. And that's without taking into account the other associated costs of buying a house, such as legal fees, stamp duty and moving expenses! So, how can you realise your dream of owning your own property? Well, entering a competition to win a luxury home could be the answer!
A study by The English Housing Survey found that 60% of 25- to 34-year-olds who owned their own home felt they had a good work–life balance, compared with just over half (51%) of those renting privately. The same survey also found that those who own their own homes are more likely to feel satisfied with their accommodation than those who rent (78% compared with 61%).
So, it's not just about having a roof over your head. Owning your own home can have a positive impact on your mental health and wellbeing.
Here are 6 reasons why entering a competition to win a home could have a positive impact on your mental health and wellbeing;
Of course, it's not just the mental health benefits that make entering a competition to win a luxury home worth considering. There are also the financial benefits to think about!
For example, take the case of couple Karen and Steve H from Manchester. In September 2020, they won a luxury four-bedroom home in Cheshire worth £750, 000 in a house draw competition.
The couple, who have two children, were struggling to get on the property ladder after being made redundant from their jobs during the pandemic. But thanks to the competition to win a home, they are now the proud owners of a brand-new house!
And it's not just Karen and Steve who have had success with house draw competitions. In 2019, a couple from Glasgow also won a £410,000 luxury apartment in Edinburgh. The apartment came with an annual ground rent of just £100, which is a fraction of the cost of renting a similar property in the city centre!
Catherine C is another million-pound house draw winner, who was recently presented with the keys to a £3m dream home overlooking Lake Windermere in the stunning Lake District National Park. The 59-year-old former NHS nurse was left shocked and surprised when a million pound house draw named her as the winner to a six-bedroom house.
So, if you're feeling stuck in the rental market and struggling to save for a deposit, why not enter a competition to win a house? It could be the answer to your prayers!
Entering a house draw or competition is a great way to get on the property ladder, especially if you're struggling to save for a deposit. Not only can you win a luxury home, but you can also enjoy the many mental health benefits. But when it comes to entering a competition to win a luxury home, make sure the entry fee is not too expensive.
With some companies that offer these types of competitions, you'll need to spend a minimum of £10 online to take part in their million-pound house draw. But luckily, there are far more affordable companies in the UK offering competitions to win a house for as little as £2 such as Tramway Path.
So the only thing left is to talk about the best techniques and tips to win a luxury home in the UK yourself!
Here are some of our top tips to increase your chance of winning a UK home in 2022;
If you're now itching to enter your first UK competition to win a home, why not enter our live property giveaway right now! For only £2, you can be in with a chance of winning a stunning apartment a stone's throw away from Lakeside Shopping Centre, one of the largest in Europe.
This gorgeous and contemporary two-bedroom apartment is worth over £300,000 and is in a prime location for both young professionals and new families. Immaculately presented, call this fifth-floor apartment your new home and enjoy its spacious open-plan kitchen, two double bedrooms and even an en-suite shower room off the master bedroom.
With an allocated parking space and private balcony, you'll be instantly given the opportunity to transform your life and make this beautiful part of the country your new home. You can finally say goodbye to sharing your space at home with family or roommates as well as spending your hard-earned money on rent or monthly mortgage payments.
We hope you found this blog post helpful. Good luck, and we hope you win our next luxury home in the UK!