Nigel Farage bought a £1.4m property in cash shortly after receiving a £5m personal gift from the crypto billionaire, Christopher Harborne. The revelation comes after parliament’s standards watchdog confirmed separately that the Reform UK leader was facing a formal investigation over the gift from the Thai-based businessman. Asked about the purchase of the property, a Reform UK spokesperson said: “The relevant chronology is straightforward. The offer and purchase process for the property commenced before the gift. Mr Farage had already passed proof of funds and the relevant checks before receiving the gift. The purchase was therefore already proceeding independently of it.” However, Labour called on the Reform leader to state in full what the £5m, which was first revealed by the Guardian , was used to pay for. Documents reported by Sky News have also been seen by the Guardian. Anna Turley, the chair of the Labour party, said: “Nigel Farage has repeatedly dodged questions on his multimillion-pound ‘gift’.…