Nick Candy, the honorary treasurer of Reform UK and a major donor, has sold his mansion in the Chelsea district of London for a reported £275m. The transaction, first reported by Bloomberg, 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 Royal Chelsea Hospital with a lake and a swimming pool, was the site of a fundraising event for Donald Trump in 2024, attended by the US president’s son Donald Trump Jr. The buyer has not been made public.
The Land Registry records the current owner as Providence House LLP, a partnership controlled by Candy. His estranged wife, Holly Valance, the former pop singer and actor, is another member of the partnership. The property also has a bank charge registered against the title with First Abu Dhabi Bank.
Candy is a senior figure within Reform and plays a significant role in fundraising, having given about £1m to the party last year. He was at Nigel Farage’s side last year as 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, nicknamed a “billionaires’ bonanza” by Labour. He also attended a meeting between Farage and billionaire Elon Musk at Trump’s Mar-a-Lago resort in December 2024.
Candy made his fortune alongside his brother, Christian, trading in property in London and globally. He has been trying to sell a £175m penthouse at One Hyde Park in London and has a mansion in Los Angeles listed for sale. He owns offices in Mayfair, where Farage’s company is based, and is listed as the ultimate beneficial owner of another Chelsea townhouse via a Guernsey company.
