Former glamour model Katie Price is reportedly considering selling her Mucky Mansion in order to buy her dream home after facing her second bankruptcy. The 45-year-old former glamour model was declared bankrupt for the second time last month due to an unpaid tax bill of over £750,000. This comes after her first bankruptcy in 2019 when she had debts of £3.2 million. Katie currently owes £761,994.05 to HM Revenue and Customs. Reports suggest that she is eyeing up a £2.5 million home in Wakefield, West Yorkshire, which boasts six bedrooms, four bathrooms, an indoor pool, gym, cinema room, triple garage, and views of a golf course.
Following the news of her bankruptcy, Katie defiantly stated that no one can take her home away from her. She opened up about her struggles with depression and communication issues leading to financial troubles. A bankruptcy expert has claimed that it would be challenging for Katie to keep her £2 million Mucky Mansion, along with any earnings she has made in the past five years. Last year, Katie put her eight-bedroom West Sussex home up for rent for £6,000 per month but had no takers. She has expressed her dislike for her Mucky Mansion, referring to it as the ‘House of Horrors’, and claiming it is haunted by a ‘grey lady’ on the top floor.
Despite her financial difficulties, Katie remains determined to move forward and find her dream home. She insists that her home cannot be taken away from her and has faced her bankruptcy head-on, acknowledging her serious financial situation. The bankruptcy expert predicts that Katie may risk losing everything she owns due to exceptional circumstances. Katie revealed that she found out about her bankruptcy while live on a podcast and is dealing with serious personal issues. She has been open about her struggles and past mistakes, emphasizing her determination to overcome them.
Katie’s decision to sell her Mucky Mansion and move up north to Yorkshire reflects her desire for a fresh start and a new beginning. Her choice to pursue her dream home despite the financial challenges shows her resilience and determination to rebuild her life. Despite facing bankruptcy twice, Katie remains optimistic about her future and remains focused on finding a new home that suits her needs and preferences. Her openness about her struggles and determination to overcome them serves as an inspiration to others facing financial difficulties, highlighting the importance of resilience and perseverance during challenging times.
