Did you know some of our Grand Prize Winners sell their Omaze Million Pound House and use the cash to create a dream life of their own?
Simon, our Devon House 2024 Grand Prize Winner, said:
”I love Devon and, thanks to the money I also got, keeping the house was an option. But I’ve built a life in Sussex, so I decided to sell up and bank the cash. We put the house on the market and it sold really quickly. With the money from the sale I bought my dream home in Sussex close to where the girls go to school.”
Here are the answers to any questions you might have about selling an Omaze Million Pound House if you happened to be one of our Grand Prize Winners:
1. Can I sell an Omaze Million Pound House whenever I want?
Yes, the choice really is yours whether to live in, rent out or sell up. And, if you do decide to sell, there’s no obligation to spend any time in the house first.
2. How do I cover any running costs before the sale?
With every Omaze Million Pound House we also give the Grand Prize Winner £250,000 in cash. So, if you do opt to sell, you could use some of that money to pay the conveyancing fees associated with selling the house, as well as any running costs in the meantime.
3. Is there a mortgage to pay off if I decide to sell up?
No, every Omaze Million Pound House comes mortgage free and we also pay conveyancing fees and stamp duty when you win, so we’ve got you completely covered.
4. Will Omaze buy the house back?
No, Omaze does not buy houses back from the winner. When a winner sells, they do so on the open market.
5. Who will sell the house for me?
If you want to sell an Omaze Million Pound House, you can market the property with any agent you choose. And, best of all, the house comes furnished and styled by our interior designers, so it’s photo-ready to go straight back on the market if that’s what you decide.
6. What can I do with the money?
In short, once you've banked the cash from the sale of your Omaze Million Pound House, you can spend it on whatever you want. Simon bought a house in Sussex, after selling the Devon House, and the Cornwall House Grand Prize Winner, June, sold up and even bought a different house in the same area of Cornwall (but not before helping all of her children onto the property ladder).
7. Can I have a party in my Omaze Million Pound House first?
Absolutely. Whether our Grand Prize Winners decide to live in, rent out or sell up, they inevitably gather everyone they love together in their incredible new house first to celebrate their life-changing win–afterall, who doesn’t love an Omaze Million Pound House party?
8. Shall I pop the champagne when Jo hands me the keys, once I’ve sold up and the money’s in the bank, or both?
Just like when you decide whether to live in, rent out or sell up, when, where and how many bottles of celebratory bubbles you open is entirely up to you.
So for your chance to win a life-changing Omaze Million Pound House and raise vital money for one of our amazing charity partners, just enter our live draw now.
It’s win: win, so why wait?
