Summary
Reform UK leader Nigel Farage is facing questions about the funding of a home worth £885,000, purchased by his partner, Laure Ferrari, in Clacton. Farage claims Ferrari bought the home with her own money, but a BBC investigation found no clear evidence of significant family wealth to support this claim. The investigation raises issues about possible tax avoidance linked to the property's ownership.
Key Facts
- Nigel Farage is the leader of Reform UK and an MP for Clacton.
- A home worth £885,000 in Clacton was bought by Farage's partner, Laure Ferrari, without a mortgage.
- Farage claims Ferrari used her own funds from her wealthy French family to buy the house.
- BBC could not find evidence of sufficient family wealth to fund the purchase.
- Farage denies providing funds, stating his partner is the sole owner and beneficiary.
- The purchase avoided additional stamp duty charges due to it being in Ferrari's name.
- Questions arise due to Farage's previous criticism of others for avoiding stamp duty.
- Ferrari's family business in France was liquidated without selling its assets.
