An entrepreneur is looking to create the “Rightmove of home competitions” with the launch of a portal listing the many websites offering homes as prizes all in one place.
Krishan Swali, a 35-year-old accountant with a passion for property, has financial backing from unnamed investors in the property space and has already had an advert featured on Sky TV channels.
The website, www.homecompetitions.co.uk, lets other organisations list their own competitions and takes a share of however much is raised from ticket sales.
The site also aims to make money from advertising.
Users can search for competitions by location, number of bedrooms and ticket price range.
The site currently has nine different competition listings, with one for a £3m six-bedroom property in Ringwood, Hampshire, set to close at the end of this month.
Swali says all competitions are vetted to ensure they are compliant with Gambling Commission rules and that there is actually a chance of a property being won rather than just revenue being raised.
He said: “My passion is property, and like accounting, it is a numbers game.
“A few years ago there were a lot of these competitions and it is happening again but the difference is now you can find them in one place.
“We are pioneering a new industry and giving users an opportunity to change their lives.”
5h!t – that’s a full ten seconds of my life I will never, ever be able to reclaim.
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