Musical mogul’s theatre buys set mortgage record

ANDREW Lloyd-Webber has taken out what is believed to be the biggest home mortgage in Britain, but is still the poor relation on this side of the water.

He has used the money to become the sole owner of seven theatres, including the London Palladium.

He has borrowed £35 million (€50.6m), secured against his £10m (€14.5m) London town house in Belgravia and his sprawling Hampshire estate.