Andrew received up to £2,000 monthly from sub-letting Royal Lodge

Summarised from 4 outlets · Updated 6 Nov, 08:43 · Archive

Prince Andrew received up to £2,000 per month from sub-letting cottages at Royal Lodge while paying no rent himself.

A Public Accounts Committee inquiry into Crown Estate management has revealed that Prince Andrew received up to £2,000 per month from sub-letting cottages at Royal Lodge, his former home in Windsor. Andrew had taken a 75-year lease on the property in 2003 and paid about £7.5 million towards its renovation, which meant he was not required to pay rent. Despite this arrangement, he intermittently sub-let three cottages that were part of the property, keeping the income rather than passing it to the Crown Estate.

From late 2021 for less than a year, the three cottages together generated just over £2,000 per month before maintenance costs. One cottage had been sub-let at below market rate to a long-term tenant who worked for the royal family throughout most of Andrew's 22-year tenancy. The Crown Estate told MPs it had no oversight of how much Andrew charged for the sub-lets, as sub-letting was permitted under his lease.

MPs have recommended that future leases on royal properties should prohibit sub-letting unless specifically agreed with the landlord. The total income Andrew received from sub-letting over his entire time at Royal Lodge cannot be calculated from available information. Andrew left Royal Lodge in February following revelations about his connections to convicted sex offender Jeffrey Epstein. He has consistently denied any wrongdoing.

How it is being reported

• Andrew Mountbatten-Windsor earnt more than £2,000 a month by subletting cottages in Royal Lodge grounds, King's accountant revealsThe disgraced former prince not only lived on the Windsor estate for free but profited by renting the three extra properties privately.Daily Mail · 6 Nov, 10:11
• Andrew made more than £2k a month renting out cottages at Royal LodgeThe disgraced former prince lived there for 22 years before being evicted over his relationship with Jeffrey EpsteinThe Independent · 6 Nov, 08:29
• Andrew made more than £2,000 a month subletting Royal Lodge cottagesAndrew Mountbatten-Windsor received more than £2,000 a month from renting out three cottages at his former Royal Lodge home, a report by the public spending watchdog has revealed.Sky News · 6 Nov, 06:30
• Andrew received up to £2,000 per month from sub-letting, watchdog reportsThe income went to the former prince rather than his landlord the Crown Estate.BBC News · 6 Nov, 00:39

In this story: Prince Andrew · Crown Estate · Royal Lodge · Public Accounts Committee · Jeffrey Epstein · Windsor

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