‘Broke’ Katie Price being ‘forced to sell off Sussex mansion as debts spiral’
KATIE Price is being forced to sell off her Sussex mansion to pay off her mounting debts, it has been claimed.
The former glamour girl is reportedly putting the house on the market in a last ditch attempt to sort out her finances, according to the Daily Star Sunday.
The house in Horsham, West Sussex costs Katie, 40, around £10,000 a month to maintain, and she's now trying to offload it to save some cash.
The reports suggests there is "two charges... and a bankruptcy notice" against the house so Katie is selling up.
A source told them: "Katie’s having to sell her home to recover money...
"I don’t know how much change she’ll see from the sale... as there’s charges on it, plus tax owed."
Katie bought the mansion in 2014 for around £1.3 million, and she is said to have taken out a second mortgage on the place two years ago.
The Daily Star Sunday reports a bankruptcy notice was later filed against the property in 2016, meaning action against her had been "pending" but she was not made bankrupt.
Reports last year suggested the Loose Women star, once worth £45million, had been facing going broke as two of her firms banked less than £100,000 combined.
She is also now facing a pricey divorce from her third husband Kieran Hayler.
Katie moved to the property in 2014 to get a fresh start after the first round of cheating allegations made against Kieran.
The home includes a two-bedroom annexe as well as stables, a tennis court, swimming pool and 12 acres of land.
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It was featured on Through The Keyhole in February 2018, and the house was revealed to be filthy.
News of the reported house sale comes just days after The Sun revealed Katie was having to sell off her animals in a bid to pay off her debts.
She has been trying to offload llamas, goats, pigs, sheep and even her beloved horses.
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