Nick Candy, the honorary treasurer and a major donor to Reform UK, has sold his Grade II-listed mansion in Chelsea, London, for a reported £275 million. The sale of Providence House is believed to be the most expensive on record in London and one of the highest globally.
Located in the grounds of the Royal Chelsea Hospital, the property features a lake and a swimming pool. The buyer has not been publicly identified. Providence House is currently owned by Providence House LLP, a partnership controlled by Candy, which also includes his estranged wife, Holly Valance, the former pop singer and actor. A bank charge is registered against the title with First Abu Dhabi Bank.
Candy, a senior figure in Reform UK, donated approximately £1 million to the party last year. He was present alongside Nigel Farage when the party announced a plan to attract wealthy individuals to the UK with a £250,000 fee for ten years of residency and a special tax regime—a policy Labour dubbed a 'billionaires’ bonanza'. Candy also attended a meeting between Farage and Elon Musk at Donald Trump’s Mar-a-Lago resort in December 2024.
Providence House was originally purchased by Candy’s brother, Christian Candy, in 2012 before being transferred to Nick Candy. The property developer has been attempting to sell a £175 million penthouse at One Hyde Park in London and a mansion in Los Angeles. He also owns offices in Mayfair, where Farage’s company, Thorn in the Side, is based.
