Nigel Farage has built up a £4 million mortgage-free property portfolio, it emerged on Wednesday.
The Reform leader has quietly acquired five properties across Kent, Essex and Surrey since 2017 – yet only declared two of them to Parliament.
According to details uncovered in Land Registry documents, Mr Farage purchased four of the five properties in cash, the year after Britain officially left the EU.
In details disclosed in The Times, the Reform leader’s main residence is a five-bedroom home in Surrey which he bought for £1.42 million in May 2024.
But he also spends half the week in his constituency home in Clacton – purchased by his wife Laure Ferrari for £885,000 in November 2024.
Mr Farage’s third home, in Kent, is one he used to share with his second wife Kirsten, which he retained on their divorce.
His daughter Isabelle now lives in the property with a man whose identity remains unknown.
The Reform leader also owns two beachfront properties on the Kent coast, as well as a small patch of land next to the beach.
Reform UK leader Nigel Farage has built up a £4million mortgage-free property portfolio
Mr Farage’s third home, in Kent, is one he used to share with his second wife Kirsten, which he retained on their divorce
One of Mr Farage’s Kent seafront properties
Both properties are held through his company Thorn in the Side Ltd.
But Mr Farage has only declared two of the five properties on his register of interests – one listed in Tandridge, which appears to be his Surrey home, and the other in Folkstone and Hythe, one of the Kent beachfront homes.
And questions have now been raised over whether Mr Farage has acted improperly in failing to declare all five properties to Parliament.
According to parliamentary rules, Mr Farage is not required to declare his Essex home as it is legally owned by his wife.
And he told The Times he did not declare the beachfront property as it is owned through his company, which is noted on a separate section of the register.
MPs are exempt from declaring homes occupied by family and friends – as is the case for his Kent property – yet it remains unclear whether any rent is being paid.
Parliamentary rules state that MPs must declare any properties where they receive rent of more than £10,000 a year.
Mr Farage said he had acted with ‘an abundance of caution’ in detailing his assets, whilst a spokesman said ‘everything had been checked by the registrar’ regarding the declarations.
But former chancellor Sir Jeremy Hunt, who declares the seven properties that his company Mare Pond Properties Ltd owns, said: ‘I did that because the rules are very clear that you must not do anything improper or anything that could reasonably be perceived as improper.’
And Nicholas Allen, an expert on the MPs’ Code of Conduct from the 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.’
The Reform leader is now the second-highest earning MP after Rishi Sunak, having earned nearly £2million in outside interests since being elected Clacton’s MP in 2024.
A Reform UK spokesman said: ‘Everything has been properly declared and checked with the parliamentary registrar. It’s sad to see the Daily Mail going after those that have done well for themselves.’
