Reform donor Nick Candy sells Chelsea mansion for reported £275m | Reform UK
Nick Candy, Reformation England’s honorary treasurer and a major donor, has sold his mansion in London’s Chelsea district for £275 million.
The property developer declined to comment on the transaction, which was first reported by Bloomberg, but it is believed to be the most expensive transaction recorded in London and one of the largest in the world.
Providence House was the location of a fundraiser for Donald Trump in 2024, which was also attended by the US president’s son, Donald Trump Jr.
The buyer of the Grade II-listed mansion, which is located on the grounds of the Royal Chelsea Hospital and has a lake and swimming pool, has not yet been announced to the public.
The Land Registry records that the current owner is Providence House LLP, a partnership controlled by Candy. His estranged wife, former pop singer and actor Holly Valance, is another member of the partnership. There is also a bank charge registered with the title deed at First Abu Dhabi Bank.
Candy is a senior figure in Reformation and, as well as playing a key role in fundraising, has also become a major donor in her own right, donating nearly £1 million to the party last year.
Last year Reform stood by Nigel Farage as he unveiled a plan to attract wealthy individuals to the UK with a £250,000 fee for 10 years of residence and a special tax regime dubbed a “billionaires’ bonanza” by Labor. He was also present at the meeting between Farage and billionaire Elon Musk at Trump’s Mar-a-Lago resort in December 2024.
Candy is known for making his fortune trading property in London and around the world with his brother Christian.
He has been trying to sell a £175 million penthouse in London’s One Hyde Park, which has been mortgaged with the Bank of Singapore for some time and a mansion in Los Angeles is up for sale.
Farage has offices on Upper Brook Street in Mayfair, where his company, Thorn in the Side, is also based, and is listed as the ultimate beneficial owner of another Chelsea townhouse through a Guernsey company, months after its annual declaration of ownership.
Providence House was purchased by Christian Candy in 2012 and later transferred to Nick Candy.
