Nick Candy, the honorary treasurer of Reform UK and a major donor, has sold his mansion in London's Chelsea district for a reported £275 million. The transaction is believed to be the most expensive on record in London and one of the highest ever globally.
The property, known as Providence House, is a Grade II-listed mansion located in the grounds of the Royal Chelsea Hospital. It features a lake and a swimming pool and was the venue for a 2024 fundraising event for Donald Trump, attended by his son Donald Trump Jr.
The buyer has not been publicly disclosed. Land Registry records show the current owner as Providence House LLP, a partnership controlled by Candy, with his estranged wife, Holly Valance, also a member. A bank charge is registered with First Abu Dhabi Bank.
Candy, who gave about £1 million to Reform UK last year, was alongside Nigel Farage when the party announced a plan to attract wealthy individuals with a £250,000 fee for 10-year residency and a special tax regime, dubbed a 'billionaires' bonanza' by Labour. He also attended a meeting between Farage and Elon Musk at Mar-a-Lago in December 2024.
Candy has been trying to sell a £175 million penthouse at One Hyde Park and has a Los Angeles mansion listed for sale. He owns offices on Upper Brook Street in Mayfair, where Farage's company is based, and is the ultimate beneficial owner of another Chelsea townhouse via a Guernsey company.
