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

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  • 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.

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