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Evening Standard
Evening Standard
National
Tom Place

Everything we know about Nigel Farage's £4 million property empire

Nigel Farage and his partner have built a mortgage-free property empire worth more than £4 million in the last decade.

The Times has reported that the Reform UK leader and his partner, Laure Ferrari, own at least five homes across Essex, Kent and Surrey - despite Mr Farage claiming he was “skint” in 2017.

Land Registry records show that all but one were purchased with cash since 2020 - the year the UK officially left the EU - with the other in 2017 following Mr Farage’s separation from his second wife.

However, Mr Farage only declares two of the properties under the land and property section of the register of members’ interests, raising concerns about how he has declared his real estate holdings.

Nigel Farage’s Property Portfolio

Surrey home

Mr Farage purchased a five-bedroom, four-bathroom home set within extensive grounds in Surrey for £1.42 million in May 2024.

It features a 530 sq ft living room and a cast-iron spiral staircase, while the grounds feature a 200-yard private driveway, outbuildings, a covered pond and a large annexe in the garden with a separate kitchen, living space and bathroom.

Nigel Farage and his partner Laure Ferrari (Getty)
Nigel Farage and his partner Laure Ferrari (Getty)

The grade II listed home is set in 7.5 acres of ancient woodland, and Mr Farage has spent an estimated £350,000 extending the home since the purchase.

The Reform UK leader has said that this home was his main residence.

Clacton home

Mr Farage recently said that he spent “half his week” at a property in his Essex constituency of Clacton, which his partner Laure Ferrari owns.

She bought the four-bedroom detached home for £885,000 in November 2024.

Mr Farage does not have to declare the property because legally it is owned by his partner.

Kent home

Mr Farage’s third home is in a Kent village where he used to live with his second wife Kirsten Farage.

He retained sole ownership of the home after the separation while his wife moved to a flat nearby.

The property is not declared on Farage’s register of interests, and is currently occupied by Isabelle Farage, one of his adult children.

Kent coastal properties

Mr Farage also owns two beachfront properties on the Kent coast, which are held through his company, Thorn in the Side Ltd.

One of the properties, which was bought for £575,000 in March 2023, is unoccupied, and Mr Farage has been granted planning permission to replace it with a luxury three-storey newbuild.

Plans for the redevelopment of one of Nigel Farage’s beachfront homes (Hollaway Studios)
Plans for the redevelopment of one of Nigel Farage’s beachfront homes (Hollaway Studios)

The cost for the proposed demolition and rebuild is estimated at more than £1 million.

The second beachfront property, which was bought in October 2020 for £500,000, is a timber-clad two-storey house which looks directly onto a beach where migrant arrivals have been reported.

What is the controversy?

Mr Farage has insisted that his property declarations are within parliamentary rules - but other MPs and independent experts have raised concerns about the transparency of the arrangements.

The parliamentary code of conduct states that MPs must register land or property they own, with exemptions for properties that are their residence or that their family members live in.

It is designed to provide information about any financial benefit MPs receive “which might reasonably be thought by others to influence his or her actions, speeches or vote".

One of the undeclared properties could be exempt because Mr Farage’s daughter lives there.

Reform UK leader Nigel Farage (PA Wire)
Reform UK leader Nigel Farage (PA Wire)

Another one of the homes is owned through his company, Thorn in the Side Ltd, while another owned through that company has not been declared, according to The Times.

Farage has explained that one of the beachfront homes was not on the register because it was owned by his company, but the other beachfront property is declared and he has not explained the discrepancy.

Holding property through a company offers a number of tax efficiencies, allowing Mr Farage to use corporate revenues, such as reality TV fees and media retainers, to buy property assets directly.

This avoids the top-rate personal income tax rate that must be paid when extracting cash from a company into a personal bank account for a traditional property purchase.

Nicholas Allen, a professor of politics at Royal Holloway, University of London, said: “The standards regime has long been clear that MPs should err on the side of caution when it comes to registering their interests.

“When they haven’t, they have opened themselves up to potential investigation.”

Labour has accused Nigel Farage of trying to hide a “property empire” from the public.

Chairwoman of the Labour Party Anna Turley (PA Wire)
Chairwoman of the Labour Party Anna Turley (PA Wire)

Labour Party chairwoman Anna Turley said: “Time and again, Nigel Farage thinks the rules don’t apply to him.

“The Reform leader needs to urgently clarify why he’s tried to hide his property empire from the public – just as he needs to explain why he tried to hide his secret £5 million ‘gift’ from a crypto billionaire.

“The scandals engulfing Five-homes Farage and Reform aren’t going away. The public can see he isn’t on the side of working people – he’s just in it for himself.”

Mr Farage is currently under investigation by the standards commissioner for failing to declare a £5 million gift he received from Thai-based billionaire Christopher Harborne.

He has said that he did not need to declare the gift, which he was given before he announced he would stand for Parliament in 2024, because it was not related to politics.

Mr Farage purchased his Surrey home for £1.42 million just weeks after receiving the donation - but he has denied any link between the two events, stating that the purchase was already under way and was funded via his fee for appearing on ITV’s I’m A Celebrity… Get Me Out of Here!

A Reform spokes­man said: “Everything has been prop­erly declared and checked with the par­lia­ment­ary regis­trar.”

A spokesman for Mr Farage said: “Parliament’s regime is one of transparency, not prohibition. Mr Farage’s outside interests are properly recorded, and he continues to discharge his responsibilities as MP for Clacton.”

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