Nigel Farage has provided an additional reason for not purchasing a home in Clacton, citing concerns over security. The leader of Reform faced scrutiny after stating he had acquired a property in his constituency, only for it to be revealed that the ownership belonged to his partner, Laure Ferrari. Had he bought the four-bedroom house for £885,000 himself, an additional £44,000 would have been incurred. Farage maintains his innocence despite the controversy.
In a recent statement, Farage explained that he opted not to have his name on the property deeds for security purposes. While he previously mentioned that Ms. Ferrari, hailing from a successful French family, funded the purchase, he did not reiterate this claim. Emphasizing his partner’s privacy, Farage affirmed that all legal procedures were adhered to, including proper tax evaluations and legitimate payments.
When pressed for clarification on the source of funds, Farage urged caution in making unfounded accusations. He stressed that all transactions were lawful, and he had sought professional advice to validate the legality of the purchase. Despite earlier remarks to The Mirror regarding his partner’s financial capability, Farage denied any tax-saving motives and dismissed allegations of misconduct related to stamp duty.
The situation escalated as questions persisted, prompting a call from a Labour spokeswoman for Farage to provide concrete evidence regarding the property arrangement. While details emerged about Ferrari’s prior accommodation needs and work history, discrepancies arose concerning Farage’s initial claim of purchasing the Clacton residence. Notably, it was clarified that Ferrari paid standard stamp duty rates as the sole owner of the property, avoiding the additional fee that would have applied had Farage been the purchaser.
In light of the ongoing scrutiny, Farage acknowledged his misstatement regarding the property acquisition and refuted claims of financial assistance or mortgages. No mortgage records were found, indicating a cash payment by Ferrari for the property. The controversy surrounding Farage’s housing situation continues, with calls for transparency and full disclosure to address lingering doubts.
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