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Katie Price to ‘sell West Sussex mansion to pay off huge debts’

Katie is set to divorce her estranged husband of five years Kieran Hayler, and is allegedly facing a lawsuit from her former nanny Nikki Brown.

So it seems that Katie Price, 40, might have to sell her mansion in Horsham, West Sussex, which she previously shared with Kieran, in order to ‘pay off huge debts.’

A source close to Katie spoke with the Daily Star on Saturday, and said: ‘Katie’s having to sell her home to recover money. It’s as simple as that.

‘I don’t know how much change she’ll see from the sale of the property as there’s charges on it, plus tax owed.’

Katie’s family home is said to be worth £2 million, after she had originally bought it in 2015 for £1.35 million.

The sprawling property reportedly costs Katie around £10,000 a month to maintain, which is proving too much for the star.

The source added: ‘Even without all the business problems, the divorce from Kieran and the employment tribunal, the house documents are full of red flags.’

MailOnline has contacted Katie Price’s representatives for comment.

Culled from Daily Mail

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