Bank stakes a claim on Gordon Ramsay's home

Wednesday November 3, 2010

Gordon Ramsay's bank has reportedly taken legal steps to stop him selling the family home without their consensus.

According to the Daily Mail, the Royal Bank of Scotland is also preventing the celebrity chef from using the property – worth around £3 million – to raise money to pay off his company's debts.

RBS has secured a 'unilateral notice' against Gordon's seven-bedroom home on Wandsworth Common – the property he bought separately from the business in 2002 with wife Tana.

It is now security for the bank against Gordon Ramsay Holdings' debt, which the newspaper estimates at £17 million.

The notice will ensure that RBS is top of the list of creditors should the business go under.

A spokesman for RBS has downplayed the report, saying: "All of this is entirely commonplace and standard business practice."

It is a new blow for the 43-year-old, who made headlines at the weekend following revelations made by his father-in-law.

Tana's dad Chris Hutchenson, 62, - who set up GRH with Gordon in 1998 – hit out after he was sacked from his job as head of business operations in a letter written by the star's lawyers.

He said he "knew where the bodies are buried" and accused his son-in-law of being "warped by celebrity culture".

Gordon and Tana are shocked and saddened by Chris' actions," a spokesman for the couple said in a statement.

"It has been made very clear to Chris why his position with the company had become untenable. As far as Gordon and Tana are concerned, this is a private business and family matter and they won't be responding publicly."

Photo: Rex

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