Kate Garraway, a host of Good Morning Britain, has previously discussed the expense of caring for her late husband Derek Draper. She is said to have sold a home.
Broadcaster Kate Garraway is said to sold her second home after being left with “excessive unpayable debt” through caring for her late husband Derek Draper. She’s reportedly sold a property in London for £1.5 million recently.
Kate, 58, has previously spoken about the financial impact of having looked after Derek, who died, aged 56, last year. She’s said to have been facing a debt of up to £800,000 for his care and has reportedly been paying off debts related to his company Astra Aspera, which shut down in 2022.
It’s now been reported that Kate has sold her second home, which is said to be in North London. The news comes following speculation over her future on Good Morning Britain amid upcoming changes at ITV.
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A flat-sized property in North London, which the Sun described as “heavily mortgaged,” recently sold for £1.5 million, according to the Sun. She continued to use the property as a “financial safety net,” according to a source.
Kate “takes paying off the debts very seriously,” the source told the outlet. “She’s always said she’d go to any lengths to accomplish that. Even if it means she has to lose the apartment she purchased years ago before meeting Derek and before they have a family home together, that is only one of the things that constitutes that commitment. She kept it as a financial safety net that she assumed she wouldn’t need to use it all that quickly, like many others.
Instead, The Daily Mail claims the property was a three-bed townhouse in North London, which it claims is currently being sold. It claims that it has been renting out for £6,750 per month, prior to going on the market.
The Mirror understands that it was a house, rather than a flat, that has been on the market. We also understand that the property has already been sold.
Kate’s home, which she shared with her two children, was reportedly in need of selling last year. However, The Mail suggests that the apparent sale of her second home made this seem to have been avoided.
Derek died in January last year following health issues in recent years, including having been hospitalised for over a year during the Covid pandemic. Kate’s spoken about the cost of his care in the years since he was hospitalised.
In a documentary last year, for example, she said that it was “more than” her salary from ITV. She added: “Unlike the NHS, state-funded social care is only available to people with the highest needs and the lowest means.”
Earlier this year, whilst discussing the challenges she had faced, she said on Good Morning Britain: “One of the overriding ones until he went back into intensive care before he passed away, was dealing with the funding of care. At the time of his death, there were two appeals that hadn’t been heard for funding.
It continued to be pushed back and forth. I was having to pay for the situation in the interim, which is unfortunate because I have an incredible job and are well-paid. What else will people be like if I’m in that position and have an excessive amount of unpayable debt as a result?
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Source: Mirror
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