Nigel Farage, the leader of Reform UK, has amassed a property portfolio valued at approximately £4 million, with five properties acquired over the past decade. However, only two of these properties have been declared on his register of interests to Parliament. This has led to questions regarding potential impropriety in his declarations.
Land Registry documents indicate that Farage purchased four of the five properties in cash, with the acquisitions occurring in the years following the UK's official departure from the European Union. His primary residence is a five-bedroom home in Surrey, bought in May 2024 for £1.42 million. He also maintains a constituency home in Clacton, Essex, which his wife, Laure Ferrari, purchased for £885,000 in November 2024. Farage reportedly spends half of his week at this location.
Additionally, Farage owns a third property in Kent, which he retained after his divorce from his second wife, Kirsten. His daughter Isabelle now resides in this home. The Reform leader also possesses two beachfront properties on the Kent coast, along with a small parcel of adjacent land. These two coastal properties are held through his company, Thorn in the Side Ltd.
Of the five properties, only his Surrey home and one of the Kent beachfront properties were declared. According to parliamentary rules, his Essex home does not require declaration as it is legally owned by his wife. Farage stated to The Times that the beachfront property was not declared because it is owned through his company, which is listed separately on the register. While MPs are exempt from declaring homes occupied by family and friends, it remains unclear if any rent is being paid for the Kent property shared with his daughter.
Parliamentary regulations stipulate that MPs must declare properties if they receive annual rent exceeding £10,000. Farage has asserted that he acted with "an abundance of caution" in detailing his assets, and a spokesman indicated that all declarations were verified by the parliamentary registrar.
However, former Chancellor Sir Jeremy Hunt commented that he declared all properties owned by his company to ensure clarity, stating, "the rules are very clear that you must not do anything improper or anything that could reasonably be perceived as improper." Nicholas Allen, an expert on the MPs' Code of Conduct at the University of London, advised that MPs should exercise caution when registering interests to avoid potential investigations.
Farage has become the second-highest earning MP, having accrued nearly £2 million from outside interests since being elected as the MP for Clacton in 2024. A Reform UK spokesman defended the declarations, stating, "Everything has been properly declared and checked with the parliamentary registrar."