Katie Price suffers major blow as the sale of Mucky Mansion falls through following her eviction

Katie Price

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Blog post published at 09:44 BST on 9 September 2024 and was updated at 10:53 BST on the same day.

Katie Price faced a setback in her efforts to resolve her financial issues when the sale of her 'Mucky Mansion' fell through.

Someone has purchased the £1.5m house just weeks after the ex-glamour model was kicked out for failing to make mortgage payments.

However, the nine-bedroom property is back up for sale after previously being in the process of being sold.

The 46-year-old celebrity used to be well-known for her glamorous lifestyle, but now she is in debt to the tax authorities for £750,000. She has gone bankrupt two times because she spent all of the millions of pounds she earned over the past ten years.

She didn't have to talk about her money in front of everyone last month because her lawyer said she has PTSD. Instead, she asked to talk about her finances in a private meeting.

Katie Price experienced a setback when the potential sale of her home, known as Mucky Mansion, fell through after she was forced to leave in May.

A new owner was discovered for the £1.5 million house just a few weeks after the ex-glamour model was forced to leave due to not keeping up with the mortgage payments.

A judge overseeing bankruptcy cases at the High Court approved the request and instructed that the scheduling of the meeting should remain undisclosed.

Katie was told she needed to completely follow the court's orders or risk getting arrested again. She had already been put in jail once for missing a court appearance to get a £10,000 facelift in Turkey.

Bailiffs forced the celebrity and her family to leave their West Sussex residence in May because she was unable to make timely mortgage payments.

MailOnline have reached out to Katie's team for a status update on the sale.

The ex-model purchased the property for £1.35 million in 2014 from former Conservative peer Francis Maude. The house was showcased on a Channel Four series as she worked on renovating it.

After she left, she insisted that the house was filled with bad luck.

Discussing her time in the Dirty Mansion, she mentioned, "I have only had negative experiences in that house." She emphasized that relocating would mark the beginning of a fresh chapter in her life.

Cleaning professionals were hired to remove the heaps of trash and freshen up the property before it was listed for sale by the nearby real estate company HJ Burt.

In their advertisements, they promoted it as a home with the possibility of turning into a "stunning family residence" for potential buyers.

However, the large nine-bedroom property is now available for sale again after previously receiving an offer.

Sheriffs removed the star and her family from their West Sussex residence in May when she fell behind on her monthly mortgage payments.

The ex-model bought the property for £1.35 million in 2014 from former Conservative Party member Francis Maude. The house was later shown on a Channel Four series as she worked on fixing it up.

After she left, she described the house as being under a spell. She explained, 'I've experienced only negative things in that house,' and believed that leaving would be the beginning of a fresh start for her.

The advertisement did not include any information about who used to own the house.

A large family home with three living rooms, nine bedrooms, and four bathrooms on three levels, as well as a separate one-bedroom unit.

Providing the chance for renovation to potentially transform into a beautiful family home with well-established grounds, including the possibility of bringing back the tennis court and swimming pool, and improving the paddock and land.

Katie faced bankruptcy for the second time in March due to an outstanding tax debt of £761,994.05, following her initial bankruptcy in 2019.

Meanwhile, Katie treated herself to some shopping at Belfast Airport's duty-free on Saturday before the premiere of a new Channel 5 documentary about her, called Where Did All The Money Go.

Katie, who was low on funds, had a big Louis Vuitton purse with her and seemed happy and smiled at people who were watching. She even took a picture with a fan who was lucky enough to meet her.

This past Sunday, Channel 5 premiered a one-hour documentary called "Katie Price: Where Did The Money Go?" produced by ITN Productions.

The show explores the journey of a famous celebrity who wasted a lot of money and ended up broke, leading to legal troubles.

The blog traces Katie's journey from her modest roots to the creation of the Jordan alter ego, up to present times - revealing how overspending and poor choices have led her to her current situation.

In 2019, Katie was officially declared bankrupt due to owing £3.2 million in debt from her unsuccessful business, Jordan Trading Ltd. This company was created to manage her line of perfume and cosmetics, but unfortunately, it did not succeed.

She established the business in 2003, but in 2017, an application was filed to close down the company as she attempted to resolve her financial issues.

After being declared bankrupt, she promised to repay £12,000 every month to the firm's creditors using an individual voluntary arrangement.

The bankruptcy caused Katie, who was once believed to be worth £45 million, to be at risk of losing her £2 million, 11-bedroom mansion.

In 2015, she decided to get a second mortgage on the property, but then found herself having to make monthly payments of £12,300.

2022 - The ex-model was supposed to go to the Royal Court of Justice to tell a judge why she hasn't paid back the millions she owes to creditors.

In March 2024, she was once again found to have no money due to not paying her taxes. She owed £761,994.05 and was told to pay up by HMRC in October 2023.

In court, it was mentioned that the invoice is based on self-evaluations for the years 2020-2021 and 2021-2022. It covers income VAT, taxes, additional fees, and interest charges.

The judge at the Insolvency and Companies Court in London said that the person in debt has not replied to the court. The necessary documents are all in order.

Ms Price owes a large amount of money to HMRC, so I will declare her bankrupt.

In May 2024, Katie is forced to leave her home after receiving a notice to do so. She is given a few weeks to pack up and move out before the bailiffs arrive at 10am on 29 May to make sure she and anyone else living there have left.

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