The eye-watering fee of Reform treasurer’s mansion sale that’s set to break records

LocalBusiness & Finance
3 Apr 2026 • 6:00 AM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

image is not available

  • Nick Candy, Reform UK's treasurer and a billionaire property developer, has reportedly sold his Chelsea mansion for over £270 million.
  • The sale of Providence House is believed to be the most expensive residential property transaction in history.
  • The Grade II-listed property, which sits on two acres and features a lake and swimming pool, was never formally marketed, with the buyer's identity remaining confidential.
  • Candy, who became Reform's treasurer in 2024 and is a significant donor, previously lived in the mansion with his former wife, actress Holly Valance.
  • The reported price surpasses previous record sales, including a £210 million London mansion in 2020 and a £245 million home in Hong Kong in 2017.

IN FULL

Newswav Malaysia Best News App

Newswav is an online content aggregator and obtains its content from different online sources. The content in the app do not belong to Newswav nor do they reflect the opinions of Newswav and its staff. Your use of this app indicates your understanding and acceptance of this information.

Newswav Sdn. Bhd. (201701008480 (1222645-M)) 2026 All Rights Reserved