MARK Wright Has Borrowed £1.5million From Wife Michelle Keegan To Fund Property Development Firm.

Mark Wright’s property firm has been hit by a ‘mortgage charge’ leaving wife Michelle Keegan to lend him £800,000.....
The former The Only Way Is Essex star owns housing firm Chigwell Properties Ltd but, according to Companies House, it has been hit by fees, leaving his wife to pay the debt.

According to Mail Online, ex-Coronation Street babe Michelle has paid £80,000 towards the firm, adding to the previous £707,595 that Mark had borrowed.

This means that the total Michelle has had to pay towards the company now totals to over £1.5 million.

Mark’s last debt to his wife of £707,595 has already been paid back in full.

The ‘legal charge’ document surrounding the initial borrowing stated that Michelle was able to sell or take back the house if Mark failed to repay her.

The 31 year old is set to make millions from the company, which has seen him turn a seven-bedroomed property into four terraced houses.

The original property included seven bedrooms, six reception rooms, five bathrooms, two garages, and a separate one bedroom annex.

Each of the houses boasts four en-suite bedrooms, an open plan living room and kitchen area, a back garden and parking space.

One of the houses has already been on the market for a whopping £1,295,000, but was reduced to £1,195,000.

The prices of the houses mean that the ex-reality star could make up to £5,180,000 on the renovation if all four were sold at original asking price.

The firm has also received £58,500 for Mark’s sister Jess Wright. Although this could be because she’s living in one of the houses, having being seen leaving one of the properties in May 2018.