Katie Price shocks fans by buying a new house while nearly £800,000 in tax debt, with her claim of modesty making followers question whether the luxurious mansion is really ‘modest’!

Former glamour model Katie Price is going through a £760,000 unpaid tax bill after being declared bankrupt for a second time in March

Katie Price has said she loves her new four-bedroom home which she insists she paid for herself.

The former model’s admission comes after she was declared bankrupt for a second time in March and she was evicted from her Mucky Mansion this summer. She is now living in a house in Sussex.

Katie spoke to her fans about how much she is enjoying her new home. She said: “It’s so refreshing and feels like a fresh new start moving into a new place. 

And I love my new home, I love it. I chose everything in it, I’ve got a navy blue and white kitchen I chose and I’ve got pink elements in it. I just love being in my new house, I love it.”

One fan quizzed the mum-of-five on who had bought the property. She replied: “I paid for it! No-one pays for me, I don’t care what anyone says out there, anyone who knows me, I’m a workaholic. A single mum of five kids, don’t ever knock anyone, just cause I’ve had my ups and downs I’m still here, surviving.”

Katie’s former house sold for £1.5million after being placed on the market this month following major renovations. The star was recently arrested at Heathrow Airport after skipping a bankruptcy court hearing over her £760,000 unpaid tax bill. She jetted off to Turkey for more cosmetic surgery instead of going in front of the judge. A judge has ordered her to hand over her car collection which includes two Range Rovers, a Volkswagen Beetle, a Nissan, an Infiniti FX50 and a Suzuki Vitara.

In February, a judge at a specialist bankruptcy court ordered that the 46-year-old must pay 40 per cent of her monthly income from the adult entertainment website OnlyFans until February 2027. Barrister Darragh Connell, representing the trustee, told the court that Price previously reached a voluntary agreement over her debts, but had failed to pay the agreed figures.

In July, the order was extended to cover eight more companies from which Price gained income. Katie will also have her income from the social media platform TikTok suspended as part of efforts to pay off money owed under her two bankruptcies, a judge has ruled. TikTok’s lawyers have said it did not oppose the move, but could not consent to it due to the mechanisms of how content creators are paid.

Katie is due to appear in court on August 27 to face questions over her finances after being told she must attend with “no ifs or buts” by a judge earlier this month.

Katie Price’s financial struggles have been making headlines recently, with reports of a £760,000 unpaid tax bill and her second bankruptcy declaration. Despite these challenges, Katie has found solace in her new four-bedroom home in Sussex, which she claims she purchased on her own. She expressed her love for the new home, describing it as a fresh start and a place she feels truly comfortable in. Addressing concerns about who bought the property, Katie reassured her fans that she paid for it herself, emphasizing her independence and work ethic as a single mother of five. She shared details about the interior design choices she made, including a navy blue and white kitchen and touches of pink throughout the house that reflect her personal style. Following the sale of her previous home for £1.5 million and her recent arrest for missing a bankruptcy court hearing, Katie has been under the spotlight for her financial decisions. A judge has ordered her to surrender her car collection, including two Range Rovers, a Volkswagen Beetle, and other vehicles, to help pay off her debts. Additionally, she has been instructed to allocate 40% of her income from OnlyFans towards her debt repayment until 2027. Despite these challenges, Katie remains resilient and determined to overcome her financial difficulties. She has faced criticisms and setbacks but continues to persevere and provide for her family. Her upcoming court appearance on August 27 will shed more light on her financial situation and the steps she is taking to address her debts. Stay tuned for more updates on Katie Price’s journey to financial stability.

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Source: CNN

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