Katie Price on Brink of Losing £2 Million Mucky Mansion
Glamour model turned financial wreck, Katie Price, 45, is facing a grim money meltdown. Experts warn she’s at “real risk” of losing her £2 million West Sussex pad—affectionately dubbed the Mucky Mansion—after being declared bankrupt for the second time.
Bankruptcy Threatens Famous Channel 4 Home
The mansion, famous from its own Channel 4 show, now stands under serious threat. Insolvency expert Joshua Harris from Harris & Partners said bankruptcy can mean losing prized assets if debts aren’t cleared. And Price’s tax bills are piling up fast.
Tax Trouble and Missed Court Dates
- Declared bankrupt last March over a whopping £750,000 unpaid tax bill.
- Ignored court warnings, choosing a holiday in Ayia Napa with partner JJ Slater instead of facing the judge.
- Now saddled with more debts: £142,405 for 2020-21, £196,735 for 2021-22, plus £140,000 VAT.
The looming repossession spell has thrown her family plans into chaos. Price hopes to ditch the Mucky Mansion and move up north to a £2.5 million estate in Wakefield, Yorkshire — if she can pull it off.
From Riches to Rock Bottom
Once rolling in cash, Price’s financial missteps and out-of-control spending have finally caught up with her. Unpaid taxes, mortgage woes, and mounting debts paint a bleak picture for the former glamour queen.
Her dream fresh start is now on shaky ground, overshadowed by the cold reality of bankruptcy and the terrifying prospect of losing her beloved home.
Katie Price’s representatives have been contacted for comment but are yet to respond.
