A newly refurbished city centre flat is up for grabs in an incredibly unique raffle opportunity.
Sushma Sharma will be giving one lucky winner the chance to own her two-bedroom city centre flat completely mortgage free, all for the price of an expensive Northern Quarter pint.
It’s no secret that property prices have been rising to unaffordable levels for the last couple of years – and, out of the half a million people living in Manchester’s city centre, a vast proportion have had to settle with renting rather than enjoying the luxury of owning their own property.
Well, a new opportunity that could make the dream of being a homeowner a reality has now arisen.
Sushma bought the flat, which is located just a stone throws away from Deansgate and Manchester Cathedral, in 2002 when property prices weren’t so costly, and now wants to give someone else the opportunity to own the place she has called home for the last two decades.
Speaking to Proper Manchester, Sushma, who works as a school teacher, explained: “This flat has been my home, and I’ve absolutely loved living here.
“It’s south facing so very light and airy and the windows are huge. From here, I’ve watched as Manchester has changed so much over the years.
“Though what I’ve really loved is the location – I live on my own, and I’ve loved being able to feel safe coming home. I’ve taken full advantage of living directly in the centre and having all the city’s best bars, restaurants and galleries right on my doorstep.”
Sushma paid to have the property fully renovated around five years ago, so it now includes a utility room, brand new flooring, a new kitchen and a larger bathroom.
Yet despite her happiness in the flat, when her mum died after a long battle with lupus two years ago, she was spurred to make some big changes in her life: “I could continue to love living here, but I’m feeling restless – after losing my mum two years ago, I’m wanting a change of scenery.
“Because I’m fifty-three, I feel like I had a lot of better chances to be able to buy and own my own property. I feel like a lot of younger people have less of these opportunities because things are so much harder.
“It makes me really sad, so I thought maybe I could help somebody get themselves on the property ladder.”
Sushma explained that she could very easily sell the flat through an estate agent, but it would give her more pleasure to be able to do something new and to help someone at the same time.
And thus, the flat raffle idea was born.
Hosted on the competition app and website, Raffall, Sushma has 50,000 raffle tickets up for grabs. Priced at just £5 each, the winner of the final draw will get the two bedroom flat complete with a car parking space, service charges paid for a year and £10,000 spending money.
The property will also come with a TV, integrated kitchen appliances, a washing machine, sofa, coffee table, double ottoman bed and double wardrobe.
And, if all 50,000 tickets are sold, Sushma will not only donate £5,000 to Lupus UK, a charity helping those living with the rare and incurable illness, but will give another £10,000 to a different ticket holder in a second prize draw.
“That could be a deposit for someone else to get their foot on the property ladder themselves.”
The raffle ends on Sunday, August 22nd at 9pm.
This huge £3m Lake District house could be yours for just £10
The competition is aiming to raise money for Cancer Research UK
An enviable £3m home in the heart of the Cumbrian Lake District is being auctioned off for as little as £10.
The gorgeous six-bedroom property is situated on the cusp of Lake Windermere, one of the most popular holiday destinations in the whole of the UK.
Not many people are able to call this location home but, now, you could become a permanent resident thanks to a unique million pound house draw.
Fundraising company Omaze is raffling off the fully-furnished house with bundled entries to raise money for Alzheimer’s Research UK, with the cheapest bundle being just £10 for fifteen entries.
Once selected at random, the winner will be handed the keys to the property, completely mortgage-free and with no stamp duty or conveyancing to pay. Omaze will also be giving the winner an extra £20,000 to help you them started, whether they decide to move straight in, use it as a holiday home or sell it for the money.
So, what does the house include?
The property sits in Bowness-On-Windermere and provides panoramic views of the surrounding mountains and Lake Windermere, the largest natural lake in England.
As mentioned earlier, the home will come fully furnished and features a large living area with a traditional wood burning stove and comfortable sofas and seating. There is also a handsomely sized kitchen with a breakfast bar and a number of modern appliances.
The property is ideal for hosting parties with a large twelve seater dining table, private cinema room and rustic indoor-outdoor BBQ kitchen, complete with a log burner and beautiful outdoor seating area.
Each of the six bedrooms come complete with king-size beds with sprung mattresses and contemporary headboards, two with en-suites and three with balconies. On the top floor sits a large en-suite penthouse which boasts the very best views of the Lake Distract.
And just when you thought this property couldn’t get any better, it also comes complete with a private gym, spa, sauna and steam room.
Entries close on March 27th and the winner will be announced on April 1st. And don’t feel too glum if you don’t win the house; there are also a number of ‘secondary’ prizes to be won, including a Mercedes G Wagon, a Jaguar F Type and cash prizes ranging up to £100,000.
For the full terms and conditions and to enter the competition, visit the Omaze website here.
Gary Neville’s new £200m St Michael’s neighbourhood development to begin construction in January
St Michael’s will boast a 41 storey tower with 191 hotel rooms, 181 apartments, and a 900 cover restaurant with city views
Gary Neville has announced that work on his ambitious £200m neighbourhood development St Michael’s will be getting underway in January 2022.
Plans for the highly-anticipated St Michael’s neighbourhood began back in 2016, though the development has been fourteen years in the making – the ex-Manchester United star said he is aware that many were sceptical it would ever come to fruition, but has insisted that the project is in ‘the home straight’.
And today, Neville has shared first-look graphics of what St Michaels will look like, writing on his social platforms: “Welcome to St Michaels , Manchester . We’ve just completed the deal to build phase 1 starting in January and can’t wait.”
The build will take place in two phases courtesy of a joint venture between Gary Neville’s Relentless and US investor KKR, with the first being delivered by contractor Bowmer & Kirkland and focusing on 185,000 sq ft of commercial space across nine floors at the site of the former police headquarters on Southmill Street.
The new office spaces will offer tenants their own designated roof space – which will boast impressive skyline views overlooking the Manchester Town Hall and Manchester Library – private terraces and areas for meetings and presentations, and interiors designed by Skidmore, Owings & Merrill.
They will also have access to increased cycle storage, and enhanced changing and showering facilities.
St Michaels will also house a huge public space billed to be a ‘hub of music, food, drink, and entertainment’, and is expected to generate 1,800 new jobs.
The second phase of the development will focus on the hospitality and residential elements in the form of a forty-one-storey tower with 191 hotel rooms and 181 apartments, as well as a 900 cover restaurant with city views.
Relentless and KKR are also aiming for high sustainability credentials, with the hope to achieve BREEAM Outstanding, five stars on NABERS and WELL Platinum status, which would make them some of the most eco-friendly and energy efficient spaces in the country.
Gary Neville said on the development: “This is such an important project for Manchester. We are really pleased to be announcing the start-on-site in what is another major step forward for this legacy scheme. The aim is to deliver a world class development for our city and the UK.
“Our team has worked tirelessly with our joint venture partner KKR, along with contractor B&K and Manchester City Council, and it is the dedication of these teams that has enabled the first phase to come to fruition in the new year.”
Manchester City Council are fully backing the development, with city council leader Bev Craig saying: “This is momentous news for the St Michael’s project. This development will be transformational for the Jackson Row area and confirmation that a start on site is imminent is very welcome.”
St Michael’s will begin phase one of building in January 2022, with an expected completion date in 2024. Head over to the St Michael’s website for news and updates.
Renters will no longer have to pay deposits under new tenancy scheme
There will still be some fees to look out for, however…
Tenants will no longer have to fork out for costly deposits when renting a home under a new tenancy scheme.
The majority of landlords require their tenants to put down a deposit in order to secure a property; on average, renters have to put down a £1,054 deposit to secure a tenancy, according to the Office for National Statistics.
But now, a new scheme launched by rent guarantor Housing Hand could very well be putting an end to expensive deposits.
Their scheme means that working professionals and students alike can move into a property without coughing up hundreds of pounds for a deposit.
Instead, renters will have to pay a £25 joining fee and and a one-off payment for the scheme.
The one-off charge is the equivalent of 20% of one month’s rent to Housing Hand, which is paid in monthly instalments stretched across the length of the tenancy.
For example: If you paid £500 rent a month for twelve months, you would need to pay £100 over one year – which works out at roughly £8.33 a month, plus the £25 fee up-front.
However, there’s a catch; landlords aren’t legally obliged to accepting Housing Hand as a rent guarantor, so there’s no guarantee they’ll agree to waiving a deposit.
Renters will also need to provide personal information in the application, such as proof of identity, proof of address, and evidence that you earn at least 1.5 times your share of the monthly rent if you are a working professional and not a student.
And, while Housing Hand says using the scheme will not affect your credit score, a missed rent payment means Housing Hand would pay the rent on your behalf, something renters would be required to pay back.
Oh, and tenants won’t get the fee they paid to Housing Hand back at the end of the tenancy, though I’m sure we can survive without £25.
However, experts have warned renters about using these type of schemes that offer the option to move in without a deposit.
Generation Rent deputy director Dan Wilson Craw said: “Renters should be careful about using schemes like this as they are not regulated and ultimately cost more than traditional deposit schemes as they aren’t refundable.
“We have heard from tenants who have used other deposit-free schemes and found that after paying for the coverage every month, they move out and are hit by a large claim for any damage or wear and tear that is very difficult to challenge.”
For more information, head over to the Housing Hand website.