Prince Andrew has not paid rent for his 30-room Royal Lodge mansion for 22 years. He leased the property in 2003 for £1 million and spent £7.5 million on refurbishments. His lease agreement allows for a nominal "peppercorn rent" if demanded, effectively meaning he hasn't paid a significant annual rent since upfront costs covered it. This arrangement also means the Crown Estate would owe him approximately half a million pounds if he leaves before the lease expires in 2078.
The revelation comes amid scrutiny of how Prince Andrew can afford the mansion's upkeep, especially since he receives no personal allowance from King Charles and no public funding. It is understood he did not receive a significant inheritance from Queen Elizabeth II or the Queen Mother, raising further questions about his financial situation. King Charles has reportedly tried to persuade Andrew to downsize and move to a smaller property, suggesting he would reinstate an allowance and help with security costs if he did. However, Andrew has refused, citing his lease agreement as grounds to remain.
The situation is further complicated by ongoing allegations from Jeffrey Epstein victim Virginia Giuffre and calls for Prince Andrew to be stripped of his r... download the app to read more
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