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    Home»Property»Reform Deputy Leader Owns £4m Mansion and Belgravia Pad While Attacking Angela Rayner’s ‘Property Mountain’ – Byline Times
    Property

    Reform Deputy Leader Owns £4m Mansion and Belgravia Pad While Attacking Angela Rayner’s ‘Property Mountain’ – Byline Times

    September 5, 20255 Mins Read


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    Reform UK’s deputy leader Richard Tice co-owns a second home purchased for £4 million in 2013, Byline Times can reveal – despite attacking Angela Rayner for supposedly owning a “property mountain”.

    Open source imagery and Land Registry data unearthed by author Guy Shrubsole and this outlet reveal the Buckinghamshire mansion – and 12,800m2 of land around it – is a lavish property, complete with a tennis court, lake, a long driveway, and outbuildings. 

    The property is nearly 100 miles from Tice’s seat in Skegness. Tice is also listed as owning a leasehold flat in Belgravia, London, now believed to be worth around £1.6m, Byline Times has found.

    The findings come as Reform’s largest ever conference kicks off in Birmingham this weekend.

    Tice’s real estate portfolio contrasts with the party’s recent attacks on Rayner’s so-called “property mountain”, for buying an £800k flat in Hove, which the Deputy Prime Minister is now being investigated over for not paying £40,000 in stamp duty.

    Rayner added the property to her three-bedroom grace-and-favour flat at Admiralty House, in central London, and a £650,000 constituency home near Manchester.

    But Reform MP Tice also holds substantial stakes in – and remains a director of – at least four property companies, according to his register of interests and Companies House records: Quidnet Capital Partners LLP, Enjoyouretirement Ltd, Tisun Investments Ltd, Quidnet REIT Ltd. Tice is a Non Executive Director at Quidnet REIT, for which he earns £10,270 for 25 hours work a month. 

    According to their website and Tice’s LinkedIn, he remains CEO of Quidnet Capital Partners, which boasts that it specialises in “corporate/public-to-private transactions”, property “asset management” and “sourcing and executing [real estate] acquisitions”. 

    Speaking about Quidnet REIT in March to The Times, Tice said: “I control most of the business. Actually, I’d like more backbenchers to have second jobs.”

    Tice’s house in a leafy area around Milton Keynes (Buckinghamshire) also contrasts with Reform’s attempts to court working-class communities, which had led to accusations of hypocrisy over his attacks on Rayner. The Deputy Prime Minister has now resigned amid the allegations she avoided paying enough stamp duty on her south coast property.

    A Best for Britain spokesperson told Byline Times: “[Reform] try to present themselves as men of the people (and they are all men) – but the truth, Reform’s leadership is a collection of former bankers being promoted by billionaires with Tice increasingly looking like the Monopoly man.”

    The property is not declared in his register of interests as an MP. Tice lists nothing under ‘land and property’ in his declarations, but the rules allow this to exclude property lived in only by the MP or a family member. Electoral roll records suggest a relative of his lives at the property, so there is no suggestion that rules have been broken. 

    Tice and his ex-wife separated in 2019 and have since divorced, and he is now in a relationship with Telegraph writer Isabel Oakshott, who lives in Dubai, which he visits. 

    The revelations come after a mysterious offshore entity connected to Tice was folded months after legal campaigners at Good Law Project exposed its existence. 

    Financial records for the Jersey-based entity, ‘Gellymill Ltd’ did not have Tice’s name on them, and instead made reference to corporate directors and secretaries linked to an offshore trust services provider.

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    Tice only admitted being in ultimate control of Gellymill after Good Law Project showed how it had loaned a large sum of money to one of his UK-based property companies. It also held shares in another firm where Tice was previously a director.

    Loopholes in parliamentary rules mean that Tice has not had to declare anything about Gellymill or its investments, or indeed his Buckinghamshire mansion if a family member lives there.

    Tice also holds an unpaid directorship in Galecroft Solutions, which is in a mortgaging agreement with an Isle of Mann tax-haven company over a property. 

    Tice and Reform UK were contacted for comment, but have yet to reply.

    UPDATE

    The recent wave of anti-migrant protests are providing a bridge between right-wing elected politicians and extremist groups

    Josiah Mortimer

    Meanwhile, guerrilla adverts and unauthorised light projections have targeted the Reform UK conference in Birmingham, accusing the party of working for the super-rich instead of the people.

    Bus stop adverts spotted around the city feature Nigel Farage’s image alongside the slogans, “He works for billionaires, not for you” and “This man voted to keep you on a zero-hour contract”, referencing Farage’s and other Reform UK MPs’ recent vote against the Employment Rights Bill.

    Giant light projections on the Birmingham NEC centre, where the Reform conference is being held, read, “Tax the super-rich” and “Billionaires love Farage”.

    Climate Resistance, the group behind the stunts, is calling for the Government to “tax the super-rich out of existence” and use their “extreme wealth” to fund climate action.

    Additional reporting by Guy Shrubsole and Olly Haynes.

    holding farage to account #reformUNCOVERED

    While most the rest of the media seems to happy to give the handful of Reform MPs undue prominence, Byline Times is committed to tracking the activities of Nigel Farage’s party when actually in power


    Got a story? Get in touch in confidence on josiah@bylinetimes.com 

    Subscribers Get More from JOSIAH

    Josiah Mortimer also writes the On the Ground column, exclusive to the print edition of Byline Times.

    So for more from him…



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