Royal Property Report Reveals Andrew Lease Income
A newly released report by the National Audit Office (NAO) has revealed that Andrew Mountbatten-Windsor received rental income from three cottages located on the Royal Lodge estate, which he was permitted to sub-let under the terms of his lease with the Crown Estate. The report, which marks the first comprehensive review of royal residences in two decades, also disclosed that King Charles covers the rental costs of accommodation occupied by Princess Beatrice and Princess Eugenie within royal palaces, despite neither carrying out official royal duties. According to the findings, Mountbatten-Windsor, his family, and associated staff had access to a total of 12 properties owned either by the Crown Estate or managed by the Royal Household. Buckingham Palace welcomed the publication of the report, describing it as consistent with the Royal Household’s commitment to greater transparency regarding royal finances and property […]