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 property developer declined to comment on the transaction, first reported by Bloomberg, but it is believed to be the most expensive on record in London and one of the biggest in the world.
Providence House, a Grade II-listed mansion located in the grounds of the Royal Chelsea Hospital, includes a lake and a swimming pool. The buyer has not been made public. Land Registry records show its current owner as Providence House LLP, a partnership controlled by Candy, with his estranged wife, former pop singer Holly Valance, as another member. A bank charge is registered with First Abu Dhabi Bank.
Candy is a senior figure within Reform, having given about £1 million to the party last year. He was at Nigel Farage's side last year when Reform announced a plan to attract wealthy individuals to the UK with a £250,000 fee for 10 years of residency and a special tax regime, dubbed a 'billionaires' bonanza' by Labour. He also attended a meeting between Farage and Elon Musk at Trump's Mar-a-Lago resort in December 2024.
Providence House was the location of a fundraising event for Donald Trump in 2024, attended by Donald Trump Jr. Candy is known for making his fortune alongside his brother Christian through property trading in London and globally. He has been trying to sell a £175 million penthouse at One Hyde Park and has a mansion in Los Angeles listed for sale.
