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Audit Reveals Andrew Subletted Royal Lodge Properties

The watchdog said the former prince also received undisclosed rental income from three cottages, renewing scrutiny of royal property deals.

  • Andrew Mountbatten-Windsor earned private income by subletting three cottages on the Royal Lodge estate while paying only a symbolic peppercorn rent for over twenty years.
  • King Charles III pays rent from his private income for Princesses Beatrice and Eugenie, who live in royal palaces but do not perform official royal duties.
  • Andrew paid a £1 million premium and committed to £7.5 million in renovations for a 75-year lease on Royal Lodge, moving out in 2026 and possibly foregoing compensation due to needed repairs.
  • The National Audit Office report found that property rents for royal household members often use outdated market valuations, and the findings will inform a Public Accounts Committee inquiry into royal property arrangements.
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Center

New revelations about ex-Prince Andrew provide criticism: Despite special conditions, he is said to have earned through rental income.

Sydney Morning HeraldSydney Morning Herald
+3 Reposted by 3 other sources
Lean Left

Andrew made money subletting cottages on his rent-free estate, report shows

The audit office review was requested by MPs after Mountbatten-Windsor was stripped of his royal titles and evicted from Royal Lodge by the King.

·North Sydney, Australia
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Lean Left

Former Prince Andrew sublet cottages for years in the royal residence, where he himself lived without paying rent, reveals a report.

·Montreal, Canada
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Lean Left

To occupy a 30-piece mansion, Andrew had initially paid a £1 million premium, and had committed to spend £7.5 million on construction, in exchange for a 75-year lease.

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The Independent (US) broke the news in United States on Thursday, June 4, 2026.
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