Couple selling house for a £1 after buyers couldn't get mortgage

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The three bedroom home is estimated to be worth £110,000

A couple have decided to raffle off their three bedroom home for £1 to help people get on the property ladder.

Jennifer told the ECHO: "I didn't want to keep it for myself, I wanted to sell it. I put it on the market and two separate people came around and wanted to buy it. I said 'yes I'll give you the asking price'. They went to get a mortgage and the application failed. I felt really mean on them.READ MORE: Fred. Olsen unveils new cruise programme from Liverpool in 2025/26

"The amount of messages I've received saying 'this would change my life'. Me and my kids are living in rented accommodation, the rent has doubled from £495 to £900." Jennifer said: "The raffling off of my five bedroom house was a success. However, I had to come off social media because we got death threats. People got fanatical - when they didn't win they thought it was a scam."

 

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