Andrew Mountbatten-Windsor, previously generally known as Prince Andrew, made money subletting cottages at his royal residence, the place he lived rent-free for 20 years, in line with a report on the Royal Household’s properties launched by the U.Okay. public spending watchdog on Friday.
The National Audit Workplace report stated the previous prince had obtained earnings from renting out three cottages on the Royal Lodge estate, “with earnings generated payable to Andrew Mountbatten-Windsor,” his dwelling close to Windsor Fortress.
“These properties have been vacant since April 2026,” it added.
It additionally stated his daughters, Princess Beatrice and Princess Eugenie, reside in hire-managed properties, owned by the Crown, and paid for by their uncle, King Charles III.
The rents on Eugenie’s cottage on the grounds of Kensington Palace in London and Beatrice’s dwelling at St. James’s Palace, additionally in London, are set at a portion of the open-market worth, which may fluctuate considerably, the audit says. In each situations, rents are paid out of the Privy Purse, the King’s non-public funds.
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The princesses are usually not thought of “working” royals with public duties, and each work different jobs.
Eugenie is a director at the London department of the worldwide artwork gallery Hauser & Wirth. Beatrice is the vice-president of partnerships and technique at the U.S. software program and knowledge analytics agency Afiniti.
A lease for Royal Lodge, signed in 2003, exhibits Mountbatten-Windsor paid solely a nominal charge, generally known as a “peppercorn hire,” for the property, which included a 30-room mansion and eight cottages, three of which he was allowed to sublet.
The report exhibits that 11 royals are granted free housing on palace properties in trade for his or her public duties, together with King Charles and Queen Camilla, Prince William and his spouse Catherine, in addition to the king’s youngest brother, Prince Edward, and his spouse Sophie.
William and Catherine even have a household dwelling close to Windsor, for which they pay 307,200 kilos (about CAD $571,000) a 12 months, The Related Press reported.
A police officer walks previous the gate of the Royal Lodge in Windsor on Feb. 19, 2026, after the arrest of Andrew Mountbatten-Windsor by British police on suspicion of misconduct in public workplace.
AP Picture/Alberto Pezzali
The quantity the previous prince made from the rental properties was not disclosed within the report, an omission famous by Margaret Hodge, a Labour member of the Home of Lords, as a trigger for concern.
“It’s surprising that the National Audit Workplace was not in a position to set up how a lot money Andrew Mountbatten-Windsor secured from the properties he let,” she stated.
The audit was carried out at the request of lawmakers after Mountbatten-Windsor was stripped of his royal titles and compelled to vacate his dwelling amid revelations about his alleged ties to the late convicted intercourse offender Jeffrey Epstein.
Mountbatten-Windsor moved earlier this 12 months to the Sandringham estate, a royal residence in japanese England.
He was arrested and questioned by police in February over allegations of misconduct in public workplace.
Whereas Mountbatten-Windsor has persistently denied any wrongdoing in reference to his ties with Epstein and has not been charged, issues about his hyperlinks to the disgraced financier have dogged the Royal Household for greater than a decade.
Buckingham Palace stated the audit workplace report “is in keeping with the royal family’s dedication to transparency. We hope that the findings will assist right, make clear or contextualize a variety of factors concerning royal properties.”
— with information from The Related Press
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